Daimler Financial Services’ (Daimler FS) earnings before interest and tax were nearly 1.1bn (£0.86bn) over the first three quarters of 2014, up 14% on the same period on the year before, and the highest in the company’s history.
For the first ten months of 2014, Daimler FS initiated 1.1m new financing or leasing contracts globally worth a total 38bn.
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The German company said its car sharing subsidiary Moovel GMbH, is on course to generate 100m worth of revenue in 2014.
Klaus Entemann, chairman of Daimler DS board of management said 2014 had been "one of the best years in our company’s history."
In the UK, Mercedes sold 107,837 cars in the first tenth months of 2014, up 13.55% on the same period 2013, giving them a 5.04% market share, according to the SMMT.
Daimler said future growth would be generated by increasing revenues in developing markets such as China and India, new models, and more flexible terms designed with younger customers in mind.
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