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Daimler to put extra board member in charge of China: report
A emergency exit sign is pictured above a logo of German car manufacturer Daimler AG, before the annual news conference in Stuttgart February 18, 2010.
Credit: Reuters/Johannes Eisele
FRANKFURT |
FRANKFURT (Reuters) - German luxury carmaker Daimler (DAIGn.DE) will enlarge its management board to put a top executive in charge of its troublesome Chinese car business, a German magazine reported on Sunday.
The additional eighth executive board seat will be created at the group's upcoming supervisory board meeting, weekly Der Spiegel reported, without specifying its sources.
A Daimler spokesman declined to comment.
Daimler's flagship car brand Mercedes lags larger German premium names BMW (BMWG.DE) and Audi (VOWG_p.DE) in China.
(Reporting by Ludwig Burger and Christiaan Hetzner; Editing by David Cowell)
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