BharatBenz move to further innovate financing solutions

Celebrating its partnership with leading players from the financial sector, Daimler India Commercial Vehicles Pvt. Ltd. (DICV), a wholly-owned subsidiary of Daimler AG, held its BharatBenz Financier Conclave in Mumbai on April 20. Over 200 representatives of DICV’s partners and Daimler executives from different areas gathered to exchange ideas on how to further innovate financing solutions to support sales of modern BharatBenz trucks and buses in the Indian commercial vehicle market.

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Mr. Erich Nesselhauf, DICV Managing Director and CEO

Addressing representatives of the financiers at the event, Mr. Erich Nesselhauf, DICV Managing Director and CEO, said: “BharatBenz customers do not only want the best products, they are also asking for tailor-made financing solutions. Our partnerships with you as leading players from the financial sector are key elements of our success. Thank you for your contributions – we continue to count on your innovative solutions as we power ahead on our growth path.”

Mr. Sominder Singh, Vice President – Domestic Sales, Product Management and Network, DICV, said: “Better performance, superior uptime, lower maintenance costs and reliability – that is why more and more customers decide for BharatBenz vehicles. Another key reason is that we enable customers through fast, easy and accessible financing solutions.”

Since the market launch of BharatBenz vehicles in 2012, DICV keeps expanding its set of partners for vehicle financing. Currently it has partnered with 25 banks and NBFCs to offer tailor-made financing packages to customers across the country for modern BharatBenz trucks and buses.

BharatBenz customers also have access to the brand’s financial services arm – the captive financing unit BharatBenz Financial – for financing, insurance and service packages.