DAIMLER CHANGES
German cars and trucks maker Daimler said it would revamp the
management of its finance, production, and development portfolios
to remove duplicate layers between Mercedes-Benz and Daimler AG. As
a result, Daimler's Chief Financial Officer Harald Wilhelm will
take over responsibility as finance chief at Mercedes-Benz AG from
April 1 and Mercedes-Benz Chief Financial Officer Frank Lindenberg
will leave, the company said. Wolf-Dieter Kurz will take on
responsibility for product strategy and steering at Mercedes-Benz
Cars.
Source: Reuters
PORSCHE REACHES TOP OF CR BRAND RANKINGS; TESLA RISES TO
11TH
Porsche and Genesis took the top two spots of Consumer
Reports' annual ranking of the most reliable automotive brands.
Subaru, which won the top spot in 2019, fell to third place.