Automakers

New Daimler CEO plans big cost-savings and will end Renault-Nissan tie-up, report says

Kallenius will take the helm at Daimler in May. (Stefan Wermuth/Bloomberg)
ET
By:
Edward Taylor
R
By:
Reuters
|
April 18, 2019 10:22 AM

FRANKFURT -- Daimler is seeking 6 billion euros ($6.75 billion) in cost savings and efficiency gains by 2021 at Mercedes-Benz passenger cars and a further 2 billion euros at Daimler Trucks division, Manager Magazin said.

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