Single-pay leases spur customer retention
Automakers such as Mercedes-Benz are leveraging single-pay lease offers to provide flexibility to consumers and drive higher customer retention rates. ...
Tag: Mercedes-Benz Financial Services
Auto finance executives to watch in 2024
The auto finance industry has navigated rocky waters this year as lenders, OEMs and consumers battled high interest rates, limited ...
Mercedes-Benz introduces mobile payments solutions
Mercedes-Benz Mobility yesterday announced the launch of Mercedes Pay, a payment solution that allows customers to pay for services such ...
Daimler sees Mercedes margins surging to highest in years
Daimler AG forecast that its main Mercedes-Benz unit will be more profitable than it’s been in years thanks to resurgent ...
Aston Martin soars after securing Mercedes’ help out of crisis
Months after catching a lifeline from its billionaire owner, Aston Martin Lagonda Global Holdings Plc is securing more sorely needed ...
Floorplan lenders tweak securitization structures for ABS comeback
Loan- and lease-backed volume resumed in mid-April after the auto securitization market ground to a halt in March, but floorplan ...
Rising sales boost floorplan ABS performance
Floorplan asset-backed securities are performing well on the heels of rising vehicle sales in May and early June, according to ...
Dealer woes spur negative floorplan ABS outlook
Dealers may not have the financial stability to repay floorplan credit lines as the COVID-19 economic crisis collapse vehicle sales ...
