Daimler's Bernhard sets sights on beating truck rivals

April 4, 2013 10:34 CET
New Daimler trucks chief Wolfgang Bernhard aims to beat rivals Volvo and Scania in more than just sales. Closing the earnings gap with rivals would increase Bernhard's chances of eventually succeeding Daimler CEO Dieter Zetsche.... Read More »

 

Zetsche defends his strategy, job with CLA unveiling

March 4, 2013 12:29 CET
Embattled Daimler boss Dieter Zetsche will this week defend his strategy -- and his job -- by unveiling a new Mercedes model which is part of a compact vehicle lineup, seen as key to the premium carmaker's turnaround.... Read More »

 

Daimler cuts Zetsche's pay as management bonuses are reduced

6:49 am U.S. ET | Feb. 25, 2013
Daimler has cut CEO Dieter Zetsche's total pay by 5.8 percent to 8.15 million euros for 2012 as managers' bonuses were reduced following the scrapping of profit targets.... Read More »

 

Daimler cuts Zetsche's pay as management bonuses are reduced

Feb. 25, 2013 12:49 CET
Daimler has cut CEO Dieter Zetsche's total pay by 5.8 percent to 8.15 million euros for 2012 as managers' bonuses were reduced following the scrapping of profit targets.... Read More »

 

Bernhard moved from Mercedes cars to Daimler Trucks

Feb. 21, 2013 16:21 CET
Daimler swapped the roles of Mercedes production and purchasing chief Wolfgang Bernhard and Daimler Trucks head Andreas Renschler at a supervisory board meeting on Thursday. The board also extended CEO Dieter Zetsche's contract until the end of 2016.... Read More »

 

Daimler shifts Bernhard from Mercedes cars to head trucks division

10:21 am U.S. ET | Feb. 21, 2013
Daimler swapped the roles of Mercedes production and purchasing chief Wolfgang Bernhard and Daimler Trucks head Andreas Renschler at a supervisory board meeting today. The board also extended CEO Dieter Zetsche's contract until the end of 2016.... Read More »

 

Mercedes hires Valmet to make 100,000 A-class cars

July 24, 2012 11:16 CET
Daimler has hired Finnish contract manufacturer Valmet Automotive to build more than 100,000 Mercedes A-class compact-premium cars from 2013 through 2016.... Read More »

 

Daimler plans further investment in German compact-car factory

July 16, 2012 13:05 CET
Daimler will invest another 600 million euros ($734.6 million) by the end of 2013 in its Rastatt plant in Germany, where it will add a third shift starting in October to meet demand for its line of compact Mercedes-Benz cars.... Read More »