View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
April 4, 2005

GERMANY: DaimlerChryler creates new Mercedes COO role

DaimlerChrysler has appointed Rainer Schmueckle to the newly created position of chief operating officer at its Mercedes unit, the German-American automaker said on Sunday, according to Reuters.

DaimlerChrysler has appointed Rainer Schmueckle to the newly created position of chief operating officer at its Mercedes unit, the German-American automaker said on Sunday, according to Reuters.

The position, which takes effect on April 15, reportedly will give Schmueckle oversight over cost cutting measures aimed at improving profitability in the automaker’s Mercedes-Benz and Smart brands.

The news agency noted that the appointment came just two days after DaimlerChrysler announced plans to restructure its money-losing Smart brand, spending up to $US1.56 billion this year, cutting 700 jobs and scrapping some models.

Reuters said Schmueckle was previously head of Business Unit Trucks NAFTA, part of Daimler’s Commercial Vehicles Division, as well as head of Daimler’s Freightliner truck unit.

Topics in this article: , , ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto