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Zetsche's CEO tenure extended through 2016 at Daimler

There appear to be two takes on Daimler CEO Dieter Zetsche having his contract extended for three more years, to 2016. A report in The Detroit News quotes the chairman of Daimler's supervisory board, Manfred Bischoff, talking up the stability at the top, "With today's extensions of the contracts of Dieter Zetsche and Thomas Weber, we are maintaining the important continuity at the top executive level." Bischoff also stated that that Zetsche has a plan to "further enhance Daimler's overall performance."
Over at Reuters, though, the three-year extension was seen as a lack of complete confidence in Zetsche's plans, since his contract was supposedly meant to be extended by five years. A spokesman said the board decided to extend executive contracts by only three years if the person was 60 or would turn 60 during the contract, but that was news to observers. Zetsche wants to make Mercedes-Benz the top selling luxury manufacturer globally by 2020, but has fallen to third place behind Audi and BMW. It hasn't held the top spot 2005, and investors judged it valued at half that of BMW at the end of 2012 once Daimler's truck business was subtracted.
Analysts cites the fact that Daimler stock hasn't bested its rivals but twice in twelve years, and that the company revised its profit target downward last year by nearly one billion euros, warning of stagnant earnings this year and will miss its original margin target for 2013.

Firing of M-B boss upheld

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.
According to court documents acquired by Automotive News, Lieb was found to have "accepted payments of substantial value to which he - as he was aware - had no claim."
Lieb took over American operations from former CEO Paul Halata in September of 2006. Reports surfaced in October of 2011 that Lieb was dismissed from his posting at MB, with a variety of rumors swirling. Eventually, news broke that financial wrong doing was responsible for the German's firing.

The Mansory Speranza proves that money can buy taste and good sense...

...Just kidding.
No one in their right mind has ever accused German tuners Mansory of being subtle. So, when our Geneva team wandered across the Mansory Speranza - A Mercedes-Benz Gelandewagen that has been denuded of its roof and spackled inside with quilted leather and red carbon fiber ­- they didn't ask a lot of existential questions. Why does the Speranza exist? Because Germans are weird sometimes, that's why.
Forget for a moment that you'll have to pay Mansory hundreds of thousands of euros (we're guessing, no pricing information has been revealed) for the privilege of converting your G-Class into something that looks like a Suzuki Samurai, and prepare to be impressed by the details. The tuning house has increased the output of the Mercedes V8 to a healthy 700 horsepower and 668 pound-feet of torque. The wheels are 24-inches, and wear almost unbelievable 305-section ultra-high performance Vresdestein tires. Carbon fiber can be found nearly everywhere one looks, including making up the housing for the spare tire. Oh, and there are leather pillows for the backseats... no word on whether they're standard or optional, but we're looking in to it.