Daimler to put extra board member in charge of China - report
FRANKFURT (Reuters) - German luxury carmaker Daimler (DAIGn.DE) will enlarge its management board to put a top executive in charge of its troublesome Chinese car business, a German magazine reported on Sunday.
The additional eighth executive board seat will be created at the group's upcoming supervisory board meeting, weekly Der Spiegel reported, without specifying its sources.
A Daimler spokesman declined to comment.
Daimler's flagship car brand Mercedes lags larger German premium names BMW (BMWG.DE) and Audi (VOWG_p.DE) in China.
- Tweet this
- Share this
- Digg this
- Exclusive - Apple, Google agree to pay over $300 million to settle conspiracy lawsuit
- Brazilian Congress passes Internet bill of rights
- Moyes left all at sea by scale of United job, says former coach
- Boy and girl on Korean ferry drowned with life jackets tied together |
- Ukraine forces kill up to five rebels; Russia starts drill near border |