By Ed Frankl 

Daimler AG said Thursday it would bundle its German car- and van-rental businesses into a single entity.

The German luxury car maker said it would combine Mercedes-Benz Rent and Mercedes-Benz Van Rental to create an integrated rental specialist called Mercedes-Benz Automotive Mobility GmbH.

"By bundling our rental business, we are simplifying our processes and further expanding the rental and mobility offering," Stefan Sonntag, CEO of Mercedes-Benz Automotive Mobility said.

The move means Mercedes-Benz can optimize rental sales and attract new target customers with short- to medium-term mobility needs through new vehicle models, the Stuttgart-based company added.


Write to Ed Frankl at


(END) Dow Jones Newswires

January 13, 2022 06:55 ET (11:55 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.