Daimler finance arm expects record year after 1H gains
Daimler’s finance arm said it was heading
Berlin - Muslimchronicle
Daimler’s finance arm said it was heading for another record year after signing nearly 1 million new leasing and finance contracts between January and June.
Daimler Financial Services, which handles customer financing and leasing for the German carmaker, expects a significant increase in new business this year and further growth in leasing and finance contracts, backed by expanding sales of Mercedes-Benz luxury cars, it said on Sunday.
New business at the division jumped 19 percent in the first six months to €34.7 billion ($40.77 billion), with earnings before interest and tax up 15 percent, the company said.
The portfolio of globally financed and leased vehicles increased 17 percent to 4.6 million vehicles with a total sales value of €134 billion, the Stuttgart-based company said.
The company more than doubled the number of customers worldwide using its mobility services, including Car2Go car sharing to 14.5 million people, it said
sorce:Arab News
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Davos - Muslimchronicle
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Brussels - Muslimchronicle
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Geneva - Muslimchronicle
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Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
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To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
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