Ernst Lieb, the disgraced former CEO of American operations for Mercedes-Benz, will not be getting any more money from the Silver Arrow'd teat. His wrongful dismissal suit against MB's parent company, Daimler, was tossed out of a German appeals panel. This, followed the initial rejection by a lower court last year.
Automotive News Europe reports Ernst Lieb, the former Mercedes-Benz USA CEO, has lost a wrongful dismissal suit against his former employer. As you may recall, parent company Daimler fired Lieb claiming the 57-year-old executive used company funds to upgrade his personal home, though he has denied the claim all along, going so far as to sue his former employer. All told, Daimler said Lieb spent more than $100,000 to upgrade his company home in Mahwah, New Jersey. The money was allegedly used to
When Ernst Lieb (farthest right in the photo) was ousted as CEO of Mercedes-Benz USA earlier in the week, speculation was that he had been fired. While Mercedes has officially remained mum on the topic, a new report from the Financial Times says the cause of his departure was "irregularities in the human resources area," which FT says related to paying a household employee with company money.
The Mercedes-Benz Baltimore vehicle process center has secured a five-year contract to inspect, process, and repair pre-delivery BMW and Mini vehicles arriving in the United States. It's a deal that makes economic sense for both companies, say that automakers. BMW models currently arrive in Charleston, South Carolina, and are shipped to nearby Spartanburg (home of BMWs assembly plant) for inspection and pre-delivery work. That plant is "no longer appropriate" once the X3 starts production next y