MISSISSAUGA, Ont. — Daimler Truck Financial is celebrating its 25th year of financing trucks in Canada next week.
The company notes that while it’s turning 25, parent company Daimler AG has been in business for more than a century. Daimler Truck Financial’s Canadian operations were formed in 1984 with the opening of offices in Ontario and Quebec.
The company provided financing for both cars and trucks and now services a portfolio of $3 billion.
“It’s been a quarter of a century of great partnerships with our customers and brand partners,” said Brian Fulton, president and CEO. “It makes good business sense to provide the financial resources for the vehicles that we build.”
Daimler Truck Financial handles the financing for about 25% of all Freightliner, Sterling and Western Star trucks sold in Canada.
“We have a tremendous history to be proud of,” added Fulton. “Our people are passionate about the products and service they bring to our customers and it shows. In 2008, we ranked 16th out of 250 companies in a survey for the Top 50 Best Small and Medium Employers in Canada.”
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