--Daimler's incoming Chief Executive Ola Kaellenius is aiming to create savings of 6 billion euros ($6.78 billion) at Daimler's Mercedes division and EUR2 billion in savings at Daimler Trucks by 2021 after taking up his position at the German car maker next month, Manager Magazin reports, not naming sources.

--Mr. Kaellenius's savings program will also include job cuts of up to 10,000 positions "over the medium term," according to Manager Magazin.

Full story: https://bit.ly/2VRiJQ0

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(END) Dow Jones Newswires

April 18, 2019 13:08 ET (17:08 GMT)

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