Reuters reports that Daimler CEO Dieter Zetsche (pictured) isn't quite ready to hand over the keys to the Mercedes-Benz kingdom. Zetsche currently serves as the head of both Daimler and Mercedes-Benz, and investors had hoped that the CEO would begin grooming his second in command, Wolfgang Bernhard, to take over at the German automaker. That doesn't look to be happening any time soon, however, even though Zetsche's contract runs out at the end of 2013. According to the report, the CEO maintains that his current position has made him more effective at both Daimler and Mercedes-Benz, though evidently some industry analysts beg to differ.

For the first time in history, Daimler stock is worth less than that of BMW despite the fact that BMW is one-third smaller in terms of revenue. While Daimler has seen its stock prices increase by 27 percent, other automakers have enjoyed significantly larger gains. Reuters points out that Volvo has leaped by 90 percent and that BMW has doubled its stock price recently.

Investors are looking for answers, and most would like to see a change in management to help improve the company's fortunes.


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  • 15 Comments
      kontroll
      • 3 Years Ago
      Wioth this face and business acumen, this guy would fit perfectly into the Barnum and Bailey Circus. To complete the image, a little red ball is missing from his nose.
      • 3 Years Ago
      [blocked]
      ss1591
      • 3 Years Ago
      To this day I still think that Mercedes robbed the cash Chrysler had at the time and ran it deep into a hole in hopes of closing it! If you or I did that there would have been an investigation and jail time but he just has that STUPID smile on his fugly face! It is funny that German companies can so easily take over a large American company but Germany made it impossible for anyone to buy VW. Just isn't right!!!!!!!
      buckfeverjohnson
      • 3 Years Ago
      He is the contra-indicator on how to run a company. Ran Chrysler into the ground and was Mercedes' leader when it lost its status as the top selling luxury brand.
      xmailboxcancerx
      • 3 Years Ago
      His mustache is an umbrella. That is all.
        EJIZZLE
        • 3 Years Ago
        @xmailboxcancerx
        Do not pass go, do not collect $200! That is what I think when I see him...
      Welcome Mr. Roun
      • 3 Years Ago
      Captain Sully?
      Ladson
      • 3 Years Ago
      Long time ago MB made a major mistake by going with automatics and few manuals from Getrag. Their last good sports car was the classic 190E 16V. In effect they turned the sports car industry over to BMW. Right now MB is coming late to the party for EV boosted ICEs and performance BEVs. Putting big engines in small chassis' do not a sports car make...the key features are balance, handling and feel.
      Elmo
      • 3 Years Ago
      Dieter is like that friend of your's that you know would have sex with anything with 2 legs, making it impossible for him/her to get any from someone who knows him/her. At least that's the way I would feel if I were any other manufacturer not related to Daimler.
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