• Truck and bus customers in Brazil will have access to full-service rental fleets.
• The rental business will begin with a pilot in February 2024, with Mercedes-Benz Actros, Atego and Accelo, and contract periods of 36, 48 and 60 months.
• Daimler Truck Financial Services plans to extend the rental business to further markets.

Leinfelden-Echterdingen, Germany/ São Paulo, Brazil. Daimler Truck Financial Services (DTFS) starts rental business for truck and bus customers in Brazil. The new company, “Mercedes-Benz Locações Caminhões e Ônibus”, is a partnership between the DTFS subsidiary Banco Mercedes-Benz do Brasil, the manufacturer Mercedes-Benz do Brasil, and the Mercedes-Benz dealer network with an initial focus on small and medium-sized fleet owners.

In Brazil, the company will offer rental contracts for 100 Mercedes-Benz Actros, Atego and Accelo with terms of 36, 48 and 60 months. The package includes preventive maintenance, fleet management, documentation, insurance, and connectivity services and is available in more than180 dealerships.

Customers are increasingly seeking more flexible and integrated products with fixed monthly installments. Therefore, the fleet and rental business is rapidly growing worldwide. “The start of the rental business in Brazil is another milestone in our service strategy that make our customers business easier and more reliable by bundling our products with services like maintenance, insurance and telematic services on one bill.” says Stephan Unger, CEO of Daimler Truck Financial Services. “For us this is another step in our transformation from a leasing and financing company to a commercial vehicle solution provider.” DTFS plans to extend rental offerings to other markets.

Brazil is the biggest truck market in South America with excellent opportunities for the rental business. Today the rental market in Brazil corresponds to only 2% of the circulating heavy trucks fleet compared to 25% in the US. “We studied the market and brought the solution to our customers who are at the center of our decisions. For each of them, a customized product will be offered, designed exactly to meet the needs of their business,” says Hilke Janssen, president and CEO of Banco Mercedes-Benz and the newcompany Mercedes-Benz Locações Caminhões e Ônibus.

Bernd Barth, Head of Daimler Truck Financial Services Europe and South America adds: "With our rental offer, we continue to bring new and bundled services to the market. This will create value to the ecosystem of our customers and increase the ease and flexibility of conducting their businesses.”

Daimler Truck Financial Services supports the sale of Daimler Truck commercial vehicles in 17 markets worldwide with leasing, financing and insurance and is one of the world’s largest financial services providers for trucks and busses with a contract volume of 27 billion Euro at the end of September 2023.