Daimler Mobility AG Provider/Privacy DE EN (current) OUR COMPANY ABOUT US BOARD OF MANAGEMENT STRATEGY KEY FIGURES Q1 REPORT 2018 - DAIMLER FINANCIAL SERVICES At a glance New business up by 6% worldwide Daimler Financial Services increased its new business once again in the first quarter of 2018. Worldwide, 494,000 new leasing and financing contracts were concluded with a total volume of €17.9 billion, which is 6% more than in the prior-year period. Contract volume reached €141.7 billion at the end of March and was thus at the level of year-end 2017. Adjusted for exchange-rate effects, contract volume grew by 2%. Firstquarter EBIT amounted to €548 million, which is slightly higher than in the previous year (Q1 2017: €524 million). Europe region: strong growth in new business In the whole of Europe, 233,000 new leasing and financing contracts were signed in the first quarter (+7%). New business increased by 11% to €7.5 billion. Contract volume of €60.8 billion in Europe was slightly higher than at the end of 2017. The Americas: slight decrease in new business due to exchange-rate effects In the Americas region, leasing and financing contracts with a total value of €5.3 billion were concluded in the period of January through March 2018, which is slightly lower than in the first quarter of last year as a result of exchange-rate effects. Contract volume in the Americas region of €49.4 billion at the end of March was slightly lower than at year-end 2017 due to exchange-rate effects. Strong growth in Africa & Asia-Pacific and China New business in the Africa & Asia-Pacific region (excluding China) amounted to €2.1 billion in the first quarter, which is of the same magnitude as in the prior-year period. In Japan, the value of newly concluded financing and leasing contracts increased by 7%. Contract volume in the region amounted to €17.4 billion at the end of March, and was thus at the level of year-end 2017. New business continued its strong growth in China. In the first quarter, 91,000 new leasing and financing contracts were concluded worth €2.9 billion (+15%). Contract volume amounted to €13.9 billion at the end of March, which is 14% higher than at the end of 2017. Ongoing positive development of insurance business In the insurance business, Daimler Financial Services brokered 523,000 contracts, and thus 12% more than in the first quarter of 2017. The development was especially positive in Russia (+80%), China (+11%) and Germany (+3%). Strong alliance for a unique mobility offering Daimler and the BMW Group are joining forces to offer customers a single source for sustainable urban mobility services in the areas of car sharing, ride hailing and multimodal solutions, as well as parking and charging. On March 28, 2018, the two companies signed an agreement on the merger of their business units for mobility services. The partners intend to offer their customers a holistic ecosystem of intelligent, seamlessly connected mobility services, available at the tip of a finger. The mobility services of Daimler Financial Services alone – with car2go, moovel and mytaxi - had 21.4 million customers and 37.5 million transactions in more than 100 cities in the first quarter of this year. The joint project is subject to review and approval by the responsible competition authorities. LinkedIn Twitter YouTube Instagram Facebook Deutsch Sitemap Provider Legal Notice Cookies Privacy Statement Do Not Sell My Personal Information © 2021 Daimler Mobility AG. All Rights Reserved. * The figures are provided in accordance with the German regulation 'PKW-EnVKV' and apply to the German market only. Further information on official fuel consumption figures and the official specific CO₂ emissions of new passenger cars can be found in the EU guide 'Information on the fuel consumption, CO₂ emissions and energy consumption of new cars', which is available free of charge at all sales dealerships, from DAT Deutsche Automobil Treuhand GmbH and at www.dat.de. DE EN Daimler Mobility AG uses cookies for various purposes: We want to ensure optimum use of our website for you, and also to continually improve our website. You can revoke your voluntary consent at any time. You can find further information and setting options under "Cookies" and in our privacy statement. Only technically necessary Agree to all Settings Provider Privacy Statement