Mercedes to enter financing services

Mercedes Benz India said it will enter the financing services business in the country, looking to further enhance its position after posting a new sales record for the third month in succession in September. We have got internal approval to start financing services business in India, Mercedes Benz India Managing Director and CEO Wilfried Aulbur said. He, however, said the time of entry into the market will depend on regulatory approvals. Globally, Mercedes Benz financial services are offered in financial leasing, dealership finance, fleet management and insurance. In India, we will be focusing on financial leasing, dealership finance and insurance, ...

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