Dieter Zetsche

Daimler Loses $1.3 billion On Diesel, Airbag Woes

AP | Wednesday July 24, 2019

Daimler AG, the maker of Mercedes-Benz luxury cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company booked 4.2 billion euros in one-time charges for troubles with diesel vehicles and air bag recalls. The quarterly loss reported Wednesday was the company's first since 2009 and a bumpy start for new CEO Ola Kalleniu...

BMW's Tribute To Mercedes-Benz CEO On Retirement Is As Funny As It's Touching

Offbeat | NDTV Offbeat Desk | Tuesday May 28, 2019

A video tribute by BMW for Mercedes-Benz CEO Dieter Zetsche on his retirement proves that business rivalries need not always be cutthroat - sometimes they're just in good fun.

BMW Bids An Amazing Farewell To Mercedes-Benz CEO Dieter Zetsche On His Retirement Day

CarAndBike Team | Friday May 24, 2019

Dieter Zetsche has officially retired from his position as the Chairman of the Board of Management of Daimler AG and head of Mercedes-Benz this week. Bidding farewell to Mercedes' ex-top boss, fellow German automaker and rival BMW has released an amazing video with a special message.

Daimler CEO Says His Successor Will Have A Tough Job

Reuters | Thursday May 9, 2019

Daimler's next chief executive will have a tough job to restore margins at Mercedes-Benz, current boss Dieter Zetsche told Reuters on Wednesday, as Mercedes-Benz launched a new luxury electric car to rival Tesla.

Tesla And Mercedes May Collaborate To Develop An Electric Version Of The Sprinter Van

CarandBike Team (With Inputs from Reuters) | Monday November 19, 2018

Tesla did not immediately respond to a request for comment. Daimler declined to comment on whether it was open to collaboration with Tesla, but a spokesman said it was pleased by Musk's interest in the van. Outgoing Daimler CEO Dieter Zetsche was reported as telling a Polish newspaper last month that he did not rule out cooperating with Tesla in fu...

BMW And Daimler Mobility Joint Venture To Be Based In Berlin

Cyrus Dhabhar | Monday September 24, 2018

Speaking on the progress made between the two automakers, Dieter Zetsche, Chairman of the Board of Management of Daimler AG and head of Mercedes-Benz Cars said, "Our vision is to create a major global player for seamless and intelligent connected mobility services together. As a hub for creativity and innovation, Berlin is exactly the right locatio...

Daimler Considers Legal Split In Strategic Overhaul

Reuters | Wednesday July 26, 2017

Daimler may split parts of its business into separate legal entities in an overhaul, its Chief Executive Dieter Zetsche said, although the car and truck maker ruled out major divestments for now. Separating Daimler's divisions could unlock value, with trucks and buses on their own worth 31 billion euros ($36 billion), analysts at Evercore ISI said...

2018 Mercedes-Benz A-Class Prototype Officially Teased

Seshan Vijayraghvan | Thursday May 18, 2017

The new 2018 Mercedes-Benz A-Class will be officially unveiled next year possibly at the Geneva Motor Show. The car has received both design and mechanical changes and it will come to India in 2019.

Mercedes-Benz To Overtake BMW As Largest Premium Carmaker

Business | Thomson Reuters | Monday January 9, 2017

Introducing an elegant, sporty design and establishing itself as a pioneer in new technologies like autonomous driving has helped revive the Mercedes brand which analysts say will help keep the Stuttgart-based carmaker ahead of the pack.

Daimler Adopts Silicon Valley Tactics to Counter New Rivals

Reuters | Wednesday August 24, 2016

CEO Dieter Zetsche is sweeping away layers of bureaucracy and encouraging a more experimental approach to new products.

Daimler Adopts Silicon Valley Tactics To Counter New Rivals

Business | Reuters | Wednesday August 24, 2016

Chief Executive Dieter Zetsche is sweeping away layers of bureaucracy and encouraging a more experimental approach to new products.

Now Roughly Equal in Value, Uber and Daimler Trade Gentle Blows

Reuters | Thursday June 9, 2016

Daimler Chief Executive Dieter Zetsche and Uber Chief Executive Travis Kalanick were interviewed together on stage at Axel Springer NOAH.

Brexit to be Economically Damaging for Europe: Daimler

Business | Thomson Reuters | Saturday March 5, 2016

German carmaker Daimler's chief executive, Dieter Zetsche, said on Friday that a British exit from the European Union, or 'Brexit', would be economically damaging for Europe, not just Britain.

Daimler CEO Says Apple, Google Making Progress on Car: Report

Reuters | Monday January 25, 2016

"Our impression was that these companies can do more and know more than we had previously assumed."

Mercedes-Benz Aims For Top Spot In India This Year, Considers Exports

Monday March 9, 2015

The three-pointed star came very close to toppling the 4 rings from the number one position in the premium car market in India in 2014. Both companies registered sales of over 10,000 units, and it was the highest ever sales for both in our market.