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The biggest U.S. carmaker General Motors raised its 2016 earnings outlook on Jan. 13 Wednesday as it follows up a banner year of U.S. sales with major product launches and touted the benefits of hard-won efficiencies.General Motors has put together a respectable string of sales strategies: 28 consecutive months of growth in commercial vehicle sales to companies.As GM pulls back from less-profitable sales to rental agencies, the company has channeled much of those resources into the more-lucrative business of selling pickups, vans and Chevrolet Malibus and Equinoxes to contractors, landscapers ...
The 47-year-old Dietmar Exler will take over as President and CEO of Mercedes-Benz USA and NAFTA effective January 1, 2016. He will take the place of Stephen Cannon, who is leaving the company but will stay on as a consultant until the end of January to help with the transition. Cannon will remain as a consultant to MBUSA until Jan. 31, 2016.Exler began at McKinsey & Co. in 1997 as part of the financial interest group in its Germany office and later in its Detroit-based Midwest office. Five years later, Exler joined DaimlerChrysler Financial as senior manager of program development and was...
