Satyakam Arya to take charge effective November 1, 2018

Daimler Trucks announces a change in leadership with its successful commercial vehicle business in India: As of November 1st 2018, Satyakam Arya (45), currently Head of Customer Services at Daimler Trucks Asia and Chairman of PABCO Ltd., will take over as Managing Director and CEO of Daimler India Commercial Vehicles (DICV). He will succeed Mr. Erich Nesselhauf (55), who will return to Daimler headquarters in Germany to take over global responsibility for Manufacturing Engineering at Daimler Trucks, starting October 1st 2018. Just a few days ago Daimler's truck team in India celebrated an important production anniversary: With the production of the 100,000th commercial vehicle in its Chennai plant in Southern India DICV reached another important milestone.

Martin Daum, member of the Board of Management of Daimler AG, Daimler Trucks & Buses "We are writing a success story here: As the first newcomer in this challenging market we managed to build more than 100,000 vehicles in India since start of production in 2012. Erich Nesselhauf massively contributed to this success with his extraordinary commitment and his know how. With Satyakam Arya, a commercial vehicle expert from our local leadership team with a deep understanding of the markets in India and Asia, will now continue the growth trajectory of DICV."

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