Mercedes Replaces Technology Chief, Promotes CEO Ally

Bloomberg TechnologyWednesday, September 24, 2025 at 6:52:44 AM
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Mercedes Replaces Technology Chief, Promotes CEO Ally
Mercedes-Benz Group AG has announced the replacement of its chief technology officer, Markus Schäfer, as part of a strategy to implement further cost reductions. This change reflects the company's ongoing efforts to streamline operations and adapt to the evolving automotive market, which is increasingly focused on efficiency and innovation.
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