| Description: | AutoFleet Pacific Pte Ltd, a wholly owned subsidiary of a finance company UMF (Singapore) Limited, is related to DaimlerChrysler Services AG's through the German company's 50% and Jardine Cycle & Carriage Limited's 50% equity interest in UMF (Singapore) Limited. AutoFleet Pacific Pte Ltd was set up to venture into Automobile Leasing market and has taken over the passenger car operating lease portfolio of DaimlerChrysler Capital Services.
Currently, AutoFleet provides a spectrum of products starting with spot-rental (daily & weekly), term rental (monthly up to a maximum of 4 years). |