Post Tagged with: "Daimler Financial Services"

Daimler Financial Continues Mobility Expansion With Turo Investment

Daimler Financial Continues Mobility Expansion With Turo Investment

September 7, 2017 at 10:30 am 0 comments

Fresh off the announcement Tuesday that Daimler Financial Services — which operates Daimler AG’s mobility unit — is forming a joint venture with Via, the captive is now investing in carshare startup Turo. Turo raised $92 million in Series D funding with Daimler and SK Holdings — one of South Korea’s largest conglomerates — leadingRead More

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Mercedes-Benz Rent

Daimler Financial Targets Boost in Mobility Presence With New Execs

September 5, 2017 at 11:00 am 2 comments

Daimler Financial Services — which operates Daimler AG’s mobility services — is expanding its mobility ambitions with a joint venture investment and two new executive positions. Daimler Mobility Services and Mercedes-Benz Vans are forming a joint venture with New York City-based startup Via, along with a $50 million dollar investmentRead More

Via Daimler Financial Services

Daimler AG Strategizes Splitting Up Mercedes Divisions

September 1, 2017 at 12:52 pm 2 comments

Daimler AG is working on a corporate holding structure that could see Mercedes-Benz Financial Services broken out into a separate entity before the company’s annual general meeting on April 5, 2019, according to a new interview with chief executive Dieter Zetsche and chief financial officer Bodo Uebber. In the interviewRead More

Via Daimler Financial Services

Daimler Invests in Mobility for Boon in Financial Services Division

July 31, 2017 at 12:13 pm 0 comments

Daimler Financial Services is looking to grow its portfolio by more than 5.5% through 2020, largely driven by its investments in mobility, according to the company’s second-quarter earnings report. The OEM intends to spend 15.2 billion Euros on the development of mobility in 2017 and today the company serves 14.5Read More

Daimler Performs Test of Blockchain in $114MM Transaction

Daimler Performs Test of Blockchain in $114MM Transaction

June 30, 2017 at 12:03 pm 1 comment

Daimler AG issued a €100 million ($114.2 million) promissory note using blockchain technology, which the Mercedes-Benz manufacturer says is a first step to testing faster and more secure financial transactions across the company.     Normally, a transaction like this would take roughly 10 weeks for a bank to workRead More

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