Wolfgang Bernhard News
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Volvo AB, the world’s second- largest truckmaker, posted its first order growth in six quarters as customers in recession-plagued Europe prepared to replace vehicles in advance of stricter emissions rules.
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Daimler AG’s new trucks chief Wolfgang Bernhard aims to beat rivals Volvo AB and Scania AB in more than just sales in a bid to secure the industry’s top spot.
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Daimler AG extended Chief Executive Officer Dieter Zetsche’s term and named manufacturing manager Wolfgang Bernhard to run the truck unit in a possible step to the top job at the world’s third-biggest luxury-car maker.
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Wolfgang Bernhard , production chief at Mercedes-Benz, has made four trips to central Hungary since rejoining the Daimler AG management board a year ago. His career depends on a factory being built on the region’s sandy soil.
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Daimler AG cut Chief Executive Officer Dieter Zetsche’s pay 5.8 percent amid a reduction in managers’ bonuses as the world’s third-biggest maker of luxury cars fell behind competitors in sales and dropped profit goals.
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Daimler AG’s truck division aims to increase vehicle sales, profit and market share this year on its expansion in emerging markets and demand in Brazil.
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Wolfgang Bernhard, responsible for production at carmaker Daimler AG, will get his contract renewed this month, Frankfurter Allgemeine Sonntagszeitung reported, without saying where it got the information.
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Daimler AG board member Wolfgang Bernhard, who is deputy head of the Mercedes brand, has been given a new five-year contract, Handelsblatt reported in a preview of an article to be published tomorrow, citing unidentified people with knowledge of the contract.
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Daimler AG’s Mercedes-Benz kicked off its assault on Bayerische Motoren Werke AG’s luxury-car sales lead on the plains of Hungary.
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Daimler AG’s Mercedes unit plans to save 6 billion euros ($8 billion) in purchasing and production costs, Automobilwoche said, citing comments by management board member Wolfgang Bernhard.
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