Next Daimler Ceo Grabs Wheel of Mercedes Group

Summary

---

FRANKFURT, Germany -- DaimlerChrysler's next chief executive said Monday that he would try to emulate his success in turning around the Chrysler division by improving the company's Mercedes unit, which has suffered from declining sales, customer dissatisfaction and quality problems.

Dieter Zetsche, who moved to Mercedes from Chrysler earlier this month and will replace Juergen Schrempp as CEO of DaimlerChrysler on Jan. 1, said he planned to direct the Mercedes group indefinitely and cautioned that any reform would take time.

See the full content of this document

Extract

---

Next Daimler Ceo Grabs Wheel of Mercedes Group

"Let us analyze this internally," the 52-year-old German said at the Frankfurt auto show. "I have only been on the job for 12 days."

Zetsche is...

See the full content of this document

---