Daimler Financial Services Changes Leadership in Americas Region
Daimler Financial Services made executive changes to the company in conjunction with the appointment of Klaus Entenmann, formerly president and CEO of the Americas region, to chairman of Daimler Financial Services AG in Berlin.
FARMINGTON HILLS, Mich. — Daimler Financial Services made executive changes to the company in conjunction with the appointment of Klaus Entenmann, formerly president and CEO of the Americas region, to chairman of Daimler Financial Services AG in Berlin.
Franz Reiner, formerly head of Mercedes-Benz Financial USA, is the new president and CEO of Daimler Financial Services and becomes a board of management member of Daimler Financial Services AG, responsible for the Americas and reporting to Entenmann.
Richard Howard, formerly vice president Daimler Truck Financial USA and regional head Latin America, is also appointed a board of management member responsible for region Africa, Asia/Pacific (AAP), effective Jan. 1, 2010, reporting to Entenmann.
In other changes across the Americas Region, the following executives now report to Reiner in their new responsibilities:
– Juergen Rochert, formerly managing director of Daimler Financial Services Mexico, became Director Daimler Truck Financial USA effective Jan. 1, 2010, succeeding Richard Howard.
– Dietmar Exler, formerly director operations Europe and operations Mercedes-Benz Bank AG, became director of Mercedes-Benz Financial USA effective Feb. 1, 2010, succeeding Reiner.
– Yvonne Rosslenbroich, formerly managing director of Mercedes-Benz Financiera Argentina, was promoted to managing director of Daimler Financial Services Mexico effective Jan. 1, 2010, succeeding Juergen Rochert.
– Christian Schueler, most recently executive assistant to the chairman of Daimler Financial Services AG, became managing director of Mercedes-Benz Financiera Argentina effective Jan. 1, 2010, succeeding Yvonne Rosslenbroich.
More Auto Finance

Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Cars a Tad More Affordable
May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.
Read More →
First-Quarter Sees Long Auto Loan Growth
Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.
Read More →
Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →