Post Tagged with: "Mercedes-Benz Financial Services"

Mercedes-Benz GLA 250 4MATIC, AMG Line, Mountaingrau magno, Studioaufnahme ;Kraftstoffverbrauch kombiniert: 6,5 l/100 km, CO2-Emissionen kombiniert: 152 g/km

Mercedes-Benz GLA 250 4MATIC, AMG Line, mountain grey magno, studio shot; Fuel consumption combined:  6.5 l/100 km; Combined CO2 emissions: 152 g/km

Daimler AG Prepares for Corporate Overhaul

October 17, 2017 at 11:00 am 0 comments

Daimler AG provided more insight into plans for its largest corporate overhaul in a decade, giving more independence to Mercedes-Benz Cars & Vans, Daimler Trucks & Buses, and the existing legally independent Daimler Financial Services AG, the company said Monday in a statement. While the overhaul was first proposed in July, neither the BoardRead More

AutoGravity is partnered with Daimler and Mercedes-Benz Financial Services to bring online car shopping to the phone. (Photo by William Hoffman)

AutoGravity Adds Real-Time Inventory Amid Financing Milestone

September 27, 2017 at 11:30 am 0 comments

On the heels of reaching a milestone $1 billion of requested financing on AutoGravity, the startup is introducing real-time inventory on new and used cars for partnered dealership groups, the company announced in a press release this morning.   Prior to the integration, consumers were only able to browse throughRead More

Via Daimler Financial Services

Daimler AG Strategizes Splitting Up Mercedes Divisions

September 1, 2017 at 12:52 pm 3 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

Top 6 Auto Finance Operational Changes to Watch

Top 6 Auto Finance Operational Changes to Watch

August 31, 2017 at 12:42 pm 0 comments

While lenders, of course, have to focus on lending practices, compliance, and risk management to remain successful in this space, many business owners know employee operations and customer service are just as important. There have been several operational moves among large lenders and shifts in customer service trends over theRead More

Mercedes-Benz E-Klasse All-Terrain; Outdoor.

MBFS Navigates State Regs Amid E-Contracting Expansion

August 28, 2017 at 11:30 am 0 comments

Mercedes-Benz Financial Services plans to expand the reach of its e-contracting program by yearend, after launching a limited pilot in late 2016, Vice President Geoff Robinson told Auto Finance News. “Contracting is a complex process that must take into account state-by-state requirements, and e-contracting can be defined a little differentlyRead More

Vision Mercedes-Maybach 6 Cabriolet

Mercedes-Benz Financial Ranks Highest in J.D. Power Study for Third Year

August 21, 2017 at 12:21 pm 0 comments

For the third year in a row, Mercedes-Benz Financial Services ranked highest in the  J.D. Power 2017 U.S. Dealer Financing Satisfaction Study in the categories of retail credit-luxury captive (a combined category for retail lease and prime retail) and floorplan. Earning a total score of 986, on a 1,000-point scale, Mercedes-BenzRead More

Lenders Focus on Dealer Relationships, JD Power Survey Finds

Lenders Focus on Dealer Relationships, JD Power Survey Finds

August 18, 2017 at 12:45 pm 1 comment

After years of focusing on the haste of decisioning and funding to dealers, lenders have largely met those expectations on speed and should refocus on communication and relationships, according to the results of J.D. Power and Associates’ 2017 U.S. Dealer Financing Satisfaction Study. “As everyone rushed to be fast, theyRead More

AutoGravity's Volkswagen Credit App (PRNewsfoto/AutoGravity)

VW Credit Joins AutoGravity Through Equity Investment

July 6, 2017 at 11:53 am 4 comments

VW Credit Inc. has made an equity investment into the online origination portal AutoGravity and is both joining the platform as a captive lender and utilizing the company’s technology to create its own branded online financing mobile app, according to a Wednesday press release. AutoGravity declined to disclose the sumRead More

Westlake Financial Services Joins AutoGravity

Westlake Financial Services Joins AutoGravity

February 21, 2017 at 10:30 am 1 comment

Westlake Financial Services is now a lending partner on the AutoGravity platform, which facilitates loan originations for consumers shopping for a vehicle online, the company’s announced in a press release this morning. AutoGravity expanded to 46 states earlier this year with the promise it could offer consumers up to fourRead More

Mercedes-Benz E-Klasse All-Terrain; Outdoor.

Daimler Invests Millions in AutoGravity App

February 16, 2017 at 12:16 pm 3 comments

Daimler AG has invested a multi-million dollar figure in the vehicle financing app AutoGravity, Serge Vartanov, the start-up’s chief marketing officer, told Auto Finance News. The announcement was made Tuesday in London, but did not include a specific dollar amount.  “It means a lot to us that Daimler believes inRead More

Slot F