Dirk Fetzer will take the wheel as director sales and marketing at Daimler Middle East & Levant effective November 1.
He succeeds Frank Bernthaler who has moved to the Austrian market.
Fetzer will hit the road in his new ro
Germany's Daimler AG plans to start selling a self-driving car by 2020 as part of its campaign to regain the top spot among premium carmakers, its development chief said.
Carmakers and suppliers across the world are working on
General Motors and Daimler AG on Tuesday amped up the electric-car price war, announcing significant price cuts aimed at boosting demand in a still-sluggish segment of the US auto market.
GM slashed $5,000 from the price of its 20
German carmaker Daimler plans to build a new plant in Brazil as rising taxes on foreign vehicles make it more difficult to sell imported cars in the Latin American country, a report said.
Daimler's luxury brand Mercedes-Benz i
Daimler could follow its high-end German competitors into the market for premium subcompact cars, but it will have to keep its costs down and volumes up to make money off any future miniature Mercedes.
The Stuttgart-based maker of
Sweden's Volvo said it will surpass Daimler as the world's biggest maker of heavy trucks after agreeing to set up a joint venture in China with Dongfeng Motor Group Company.
Volvo will pay 5.6 billion yuan ($900 million) f
China-based Foton, which manufacturers trucks in partnership with Daimler of Germany, unveiled its full range of light, medium and heavy duty trucks and special-purpose vehicles, at an event in Dubai.
James Zhu, vice director for
German luxury carmaker Daimler is eyeing a stake in the passenger car unit of its Chinese partner BAIC Group, in a bid to overcome its weakness in the world's largest car market, three sources said.
"When BAIC Motor is fl
China's sovereign wealth fund is considering buying a four to 10 per cent stake in German carmaker Daimler, the website of the official People's Daily newspaper said.
The potential purchase comes as China Investment Corpor