Joachim Schmidt is out and Klaus Maier is in as global head of sales for the Mercedes car group at DaimlerChrysler AG. Maier, 51, has been running the automaker's commercial vehicles business in Europe and Latin America.
DaimlerChrysler didn't say why Schmidt, 56, was replaced. The management change comes as Mercedes tries to turn around a huge drop in earnings in 2004, and as the German sales organization is under investigation by the government for fraud.
German prosecutors say they are investigating at least 11 people within the company. They are suspected of using company funds for personal projects such as building a vacation home.
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