DaimlerChrysler Services North America LLC, the financial services unit of DaimlerChrysler AG throughout the Americas, announced that it is renamed DaimlerChrysler Financial Services Americas LLC, effective today.
“We believe that adding the word “Financial” to the names of our enterprise and to our business units accurately reflects the services we offer to our automotive and truck dealers and their retail customers,” said Klaus Entenmann, President and CEO of DaimlerChysler Financial Services Americas. “Additionally, the new name signals that we are serving our manufacturing partners in the automotive and trucking industries throughout North and South America.”
The company’s brand-specific financing will now be offered as products and services from Mercedes-Benz Financial for Mercedes-Benz automotive dealers, and as DaimlerChrysler Truck Financial for dealers of Freightliner, Sterling and Western Star commercial vehicles. Chrysler Group dealers will continue to be supported by products and services from Chrysler Financial.
About DaimlerChrysler Financial Services Americas LLC
DaimlerChrysler Financial Services Americas LLC provides brand-specific financing for automotive dealers’ inventories and their retail consumers, and conducts business as Chrysler Financial and Mercedes-Benz Financial. As DaimlerChrysler Truck Financial, it also finances commercial vehicles for affiliate products such as Freightliner, Sterling and Western Star. The company serves as the headquarters for operations in the United States, Canada, Mexico, Puerto Rico, Argentina, Brazil and Venezuela, and has approximately 5,700 employees who manage a portfolio of more than $95 billion with nearly five million contracts. DaimlerChrysler Financial Services Americas LLC is a company of the DaimlerChrysler Financial Services Group, headquartered in Berlin, Germany, which operates in 39 countries with an employee base exceeding 11,000 and a global portfolio of approximately $135 billion. DaimlerChrysler Financial Services is one of the leading financial services organizations worldwide.