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New Name for DaimlerChrysler Services

January 25, 2006

FARMINGTON HILLS, Mich. -- DaimlerChrysler Services North America, which is the financial arm of DaimlerChrysler AG throughout the Americas, announced it has been renamed DaimlerChrysler Financial Services Americas.

"We believe that adding the word 'Financial' to the names of our enterprise and to our business units accurately reflects the services we offer to our automotive and truck dealers and their retail customers," explained Klaus Entenmann, president and chief executive officer of DaimlerChrysler Financial Services Americas.

"Additionally, the new name signals that we are serving our manufacturing partners in the automotive and trucking industries throughout North and South America," he continued.

Company executives said their brand-specific financing will now be offered as products and services from Mercedes-Benz Financial for Mercedes-Benz dealers and as DaimlerChrysler Truck Financial for dealers of Freightliner, Sterling and Western Star commercial vehicles.

Finally, Chrysler Group dealers will continue to be supported by products and services from Chrysler Financial, concluded executives.

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