Daimler CFO Bodo Uebber won’t renew his term after it ends in 2019

Bodo Uebber

Daimler’s finance chief Bodo Uebber won’t look forward to renew his contract once it expires in December 2019, the automaker stated late on Sunday. The announcement marks the recent senior management change at Daimler. In September, Daimler named research chief Ola Kaellenius as its next chief executive officer to succeed CEO Dieter Zetsche. Chief Financial […]

Daimler-BMW joint mobility venture aims to be international player: Daimler CFO

Daimler BMW logo

Daimler and BMW’s new joint mobility services division aims to become an international player through both organic growth and acquisitions, Daimler Chief Financial Officer Bodo Uebber stated. “We want to expand significantly and we are in a position to manage large acquisitions,” Uebber stated. The two leading German luxury automakers revealed strategies on Wednesday to […]

U.S. judge lets investor diesel lawsuit against Daimler proceed

Daimler logo

A federal judge in California will permit a U.S. investor class action lawsuit against German automaker Daimler and a number of senior executives to continue over accusations the company did not disclose excess emissions. The automaker faces ongoing investigations by U.S. and German authorities into excess diesel emissions. Last month, German prosecutors browsed Daimler’s workplaces […]

Daimler expects fourth quarter vehicles profitability to rise

Mercedes-Benz E-Class All-Terrain

A Reuter’s report notes that Daimler‘s Chief Financial Officer Bodo Uebber stated the success of the Mercedes-Benz Cars department will increase considerably in the 4th quarter compared with a year-earlier duration, thanks to a raft of new high-end automobile designs. “From today’s perspective Q4 will be a good quarter,” Uebber said on a call to […]