Daimler extends the contract of its CEO until the end of 2013
18 February 2010

Daimler CEO Dieter Zetsche will stay in his role until the end of 2013 after his contract was extended by the company.

Zetsche’s future at the company was confirmed after a board meeting yesterday, although his future had been in doubt following the recent loss of his wife and the fact he turns 60 in May.

Chas Hallett blog: All change at Merc?

But a Mercedes source told Reuters that his contract could even be extended beyond 2013, saying this deal wasn’t the end for Zetsche as his age wasn’t an issue internally.

Wolfgang Bernhard is the man Zetsche is grooming to be his replacement and was also confirmed yesterday as part of Daimlers’ six-strong board.

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Comments
6

R32

18 February 2010

I wonder if this means the end of Maybach? I recall Dieter Zetsche indicating not long ago that he didn't think there would be a successor to the current model. I guess if he's staying on at Daimler he won't give the go-ahead for a replacement.

18 February 2010

I understand Autocar's mission is to be relentlessly optimistic in all things cars and auto industry generally to satisfy your advertisers but unless you really want to be labelled as Prozacauto you must stop so obviously censoring any real negative news, like the small matter of Daimler's €2.6bn 2009 loss, announced today. I'm not picking on Daimler/Mercedes-Benz. From memory the French carmakers reported even bigger losses in the last week, around €3bn for PSA, yet no word of it in HappyPillsAutocar.

18 February 2010

[quote fredwest]I understand Autocar's mission is to be relentlessly optimistic in all things cars and auto industry generally to satisfy your advertisers but unless you really want to be labelled as Prozacauto you must stop so obviously censoring any real negative news, like the small matter of Daimler's €2.6bn 2009 loss, announced today. I'm not picking on Daimler/Mercedes-Benz. From memory the French carmakers reported even bigger losses in the last week, around €3bn for PSA, yet no word of it in HappyPillsAutocar.[/quote]

I shouldn't worry about it, Fred. You more than make up for it and are a complete antidote for any kind of 'feel good factor'.

18 February 2010

[quote Stephen Guckel]

I shouldn't worry about it, Fred. You more than make up for it and are a complete antidote for any kind of 'feel good factor'.

[/quote]Classic. LOL

18 February 2010

[quote Stephen Guckel]

[quote fredwest]I understand Autocar's mission is to be relentlessly optimistic in all things cars and auto industry generally to satisfy your advertisers but unless you really want to be labelled as Prozacauto you must stop so obviously censoring any real negative news, like the small matter of Daimler's €2.6bn 2009 loss, announced today. I'm not picking on Daimler/Mercedes-Benz. From memory the French carmakers reported even bigger losses in the last week, around €3bn for PSA, yet no word of it in HappyPillsAutocar.[/quote]

I shouldn't worry about it, Fred. You more than make up for it and are a complete antidote for any kind of 'feel good factor'.

[/quote]

keep taking the pills mate.

18 February 2010

Accept it, Fred, journalism is not your forte.

Your overly bilious reply hijacked an otherwise noteworthy news item, to display, what can only be described as, a petulant reproach of a Motoring Journal that you clearly dislike for reasons be known only to yourself.

One can only hope that, as a child, 'The Beano' fared better. The thought of a child's tears welling up in his eyes as you complete a stinging rebuke of 'Pansy Potter' is too much to bear........

Onward...

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