Post Tagged with: "dieter zetsche"

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Daimler and Uber dismiss tie-up plans

Daimler and Uber dismiss tie-up plans

CEOs of both Daimler and Uber said their companies were not interested in a buyout move and there were no talks over other agreements. Based on the fact that both companies have similar market values, reports lately have suggested that Daimler and Uber are considering taking a stake in each […]

Daimler chairman wants sales chief as next CEO

Daimler chairman wants sales chief as next CEO

According to a German magazine, Daimler sales chief Ola Kaellenius could be the next company’s chief executive, but he will have to wait three more years. Daimler sales chief Ola Kaellenius could be in line to become the carmaker’s chief executive, but not for several years, as incumbent Dieter Zetsche […]

Daimler to extend Renault Nissan cooperation with Fuso vans

Daimler to extend Renault Nissan cooperation with Fuso vans

The German automaker and the French-Japanese group are expanding their global cooperation to include commercial vans made in Japan as the manufacturers continue to identify new projects together. The manufacturers have gradually added projects to their three-year-old cooperation, which was originally focused on Stuttgart, Germany-based Daimler’s Smart city cars and […]

AMG Head will run Mercedes Benz sales

AMG Head will run Mercedes Benz sales

Mercedes-Benz, the world’s third-biggest maker of luxury vehicles, appointed the head of the AMG high-performance business, Ola Kaellenius, to oversee sales as the company reorganizes how it deals with customers. Kaellenius, 44, will succeed Mercedes sales chief Joachim Schmidt, who’s retiring at the end of the year after turning 65 […]

Mercedes gets 12,000 orders for its new S-Class

Mercedes gets 12,000 orders for its new S-Class

Daimler AG, the maker of Mercedes-Benz luxury vehicles said it already received 12,000 orders for its new generation S-Class luxury sedan in the last four weeks. The German automaker counts on its new flagship model which is the best-selling model among high-end sedans since it went on sale in 1972 […]

Daimler Reduced Managers Payments

Daimler Reduced Managers Payments

Daimler cut CEO Dieter Zetsche’s pay by 5.8%, as all managers’ payments were reduced once the profit targets were scrapped. Zetsche’s compensation for last year totaled 8.15 million euro, from 8.65 million euro in 2011. The automaker announced that the short-term annual bonus for the company’s eight management-board members was […]