Monday, July 2, 2007

DaimlerChrysler financial US arm to shift some staff to new site

Automotive News Europe Reuters) -- DaimlerChrysler Financial Services Americas said its corporate staff supporting Mercedes-Benz Financial and DaimlerChrysler Truck Financial will move to a new location in Oakland County, Michigan.

The company, which said the move will occur after it transfers assets of its Chrysler Financial business unit to Cerberus Capital Management in the third quarter, also said that its headquarters will remain at its present location, Metro Detroit.

DaimlerChrysler Financial Services is the finance arm for DaimlerChrysler products, which operates autonomously within DaimlerChrysler.

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