Dieter Zetsche

Daimler CEO Zetsche likely to have contract extended, executives say

April 10, 2014 11:14 CET
Daimler CEO Dieter Zetsche is poised to have his contract extended beyond 2016 as current product momentum and improving profits work in his favor, senior company sources said.... Read More »

 

Daimler to increase cost cuts to narrow profit gap with BMW, Audi

April 9, 2014 15:39 CET
Daimler will continue to cut costs at Mercedes-Benz to help its premium brand narrow the profitability gap with rivals BMW and Audi.... Read More »

 

Daimler predicts profit growth on expanded lineup

April 9, 2014 11:48 CET
Daimler CEO Dieter Zetsche said his expansion of Mercedes model offerings will enable the carmaker to beat competitors' sales growth and increase operating profit.... Read More »

 

As labor veteran retires, Daimler eyes smoother cost cuts

March 31, 2014 08:03 CET
The retirement from Daimler's supervisory board of combative trade union veteran Erich Klemm may smooth management-labor relations at the company and boost the career of Wolfgang Bernhard, who is seen as a candidate to succeed CEO Dieter Zetsche.... Read More »

 

Daimler adds 3rd shift in Hungary to hike Mercedes CLA output

6:09 am U.S. ET | March 19, 2014
Mercedes is adding a third shift at its Kecskemet plant in Hungary, which builds the B class and CLA models, to keep up with demand for its compact cars.... Read More »

 

Daimler adds third shift in Hungary to meet compact-car demand

March 19, 2014 12:09 CET
Mercedes is adding a third shift at its Kecskemet plant in Hungary, which builds the B class and CLA models, to keep up with demand for its compact cars.... Read More »

 

Daimler to sell 50% stake in engines JV to partner Rolls-Royce holdings

March 10, 2014 13:07 CET
Daimler will sell its 50 percent stake in an engines joint venture to partner Rolls-Royce Holdings to invest in its automotive and truck businesses.... Read More »

 

Mercedes closes gap with Audi by one-third on China sales surge

March 7, 2014 12:34 CET
Mercedes slashed second-place Audi's luxury-car sales lead by almost one-third in the first two months on surging demand for its models in China.... Read More »

 

Mercedes, Infiniti to pool small cars, plant, sources say

March 5, 2014 15:15 CET
Mercedes and Infiniti plan to pool development of compact cars to cut costs, expand the German carmaker's North American production and broaden the Infiniti lineup, sources said.... Read More »

 

BMW targets 2 million car sales this year on China, U.S. gains

March 5, 2014 10:46 CET
BMW Group plans to sell more than 2 million vehicles this year as demand grows in China and the U.S. and the automaker pushes to stay ahead of Audi and Mercedes in global brand sales.... Read More »

 

Mercedes considers expanding production in North America

March 4, 2014 13:38 CET
Daimler is looking to add production capacity in North America to meet strong demand for its compact and rear-wheel-drive models, CEO Dieter Zetsche said.... Read More »

 

Mercedes considers expanding production in North America

7:38 am U.S. ET | March 4, 2014
Daimler AG is looking to add production capacity in North America for both its compact and rear-wheel drive models, CEO Dieter Zetsche said today. Plans are in the "very early" stages for the rear-wheel drive vehicles and "it is totally open," Zetsche said at the Geneva Motor Show.... Read More »

 

Zetsche gets pay raise after record Mercedes deliveries

Feb. 21, 2014 11:34 CET
Daimler increased CEO Dieter Zetsche's pay to 8.25 million euros ($11.3 million) after the third-biggest maker of luxury cars reduced its sales gap with BMW and Audi last year on record deliveries.... Read More »

 

Daimler extends CFO Uebber's contract through 2019

Feb. 19, 2014 10:39 CET
Daimler has extended CFO Bodo Uebber's contract by five years as it seeks to become the world's top luxury-car producer in sales and profitability.... Read More »

 

Mercedes aims to show GLA SUV offers robust driving, latest technology

Feb. 12, 2014 12:05 CET
Mercedes is confident the GLA SUV will add to the success of its current compact lineup and help it regain the No. 1 spot in premium-car sales that it lost to BMW in 2005.... Read More »

 

Mercedes sales growth tops BMW on compact car surge

Feb. 11, 2014 10:49 CET
Mercedes brand sales grew faster in January than at BMW and Audi as the carmaker's growing compact lineup helped it further close the gap in deliveries with its rivals.... Read More »

 

Mercedes sales growth tops BMW on compact car surge

4:49 am U.S. ET | Feb. 11, 2014
Mercedes brand sales grew faster in January than at BMW and Audi as the carmaker's growing compact lineup helped it further close the gap in deliveries to its rivals.... Read More »

 

Mercedes to decrease sales incentives as demand outstrips supply

Feb. 7, 2014 14:24 CET
Daimler plans to lower sales incentives on its Mercedes-Benz vehicles and raise prices on some models as demand outstrips supply.... Read More »

 

PAUL MCVEIGH

Why Wolfgang Bernhard may finally get Mercedes' top job

12:01 am U.S. ET | Feb. 7, 2014
Daimler CEO Dieter Zetsche says the loss of long-serving executive Andreas Renschler offers new chances. Wolfgang Bernhard is set to benefit most from these changes after many setbacks.... Read More »

 

PAUL MCVEIGH

Bernhard may finally get Mercedes' top job

12:01 am U.S. ET | Feb. 7, 2014
Daimler CEO Dieter Zetsche says the loss of long-serving executive Andreas Renschler offers new chances. Wolfgang Bernhard is set to benefit most from these changes after many setbacks.... Read More »

 

Renschler's suitors go beyond VW, report says

Feb. 6, 2014 11:49 CET
Former Mercedes production chief Andreas Renschler has more automotive companies interested in hiring him than just VW Group, the executive said.... Read More »

 

Zetsche says Daimler succession currently not an issue

Feb. 6, 2014 11:45 CET
Daimler CEO Dieter Zetsche on Thursday sidestepped a question about whether he wanted to stay on beyond 2016, when his contract is due to expire. "Now is not the time to think about another contract," Zetsche said.... Read More »

 

Daimler profit gains 45% on higher CLA, S-class demand

Feb. 6, 2014 06:01 CET
Daimler posted a 45 percent surge in fourth-quarter profit as customers scooped up the new Mercedes CLA and revamped S-class sedan.... Read More »

 

Zetsche basks in Mercedes rebound after tenure questioned

Feb. 5, 2014 10:05 CET
Daimler CEO Dieter Zetsche had to face down critics last year to hang onto his job. Now his strategy is gaining traction, with Mercedes closing the gap with BMW and Audi.... Read More »

 

Daimler expected to post Q4 earnings surge on new product tailwind

Feb. 5, 2014 17:22 CET
Daimler is expected to post a surge in fourth-quarter profit on Thursday as its rejuvenated Mercedes-Benz model range helps CEO Dieter Zetsche to turn around a legacy of profit warnings.... Read More »

 

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