Mercedes-Benz financer targets foreign buyers | Bangkok Post: business

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Mercedes-Benz financer targets foreign buyers

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Mercedes-Benz Leasing (Thailand) or MBLT is focusing on foreign customers in line with increasing direct investment by them in Asia in general and the Thai market in particular. 

The financial services provider for the upmarket Mercedes-Benz car marque has set an ambitious target to increase its foreign customer ratio including retail and multinational corporate sectors to 10% next year from 3% now, said managing director Supavut Jiramanusnakorn.

The Germany-based firm has total debt outstanding of 13 billion baht with 10,000 vehicles.

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