Daimler Archives | Be Korea-savvy

Daimler Financial Services AG Announces Top Management Rotation

Stuttgart, Germany, Nov. 15 (Korea Bizwire) — Daimler Financial Services AG announced today that Klaus Entenmann, Chairman of the Daimler Financial Services AG Board of Management (BoM), will step down from his position in May 2019. This move allows a smooth transition to a new leadership team before his scheduled retirement in December 2019. The [...]

Ministry Investigating Mercedes-Benz Vehicles on Alleged Emissions Fraud

SEOUL, Jul. 14 (Korea Bizwire) — South Korea’s environment ministry has launched a probe into some imported Mercedes-Benz vehicles, an official said Friday, amid reports about an emissions fraud scandal involving German luxury automaker Daimler. “We have found that there are some 40 kinds of imported Mercedes-Benz vehicles suspected of carrying the emissions manipulation device,” [...]