Andreas Renschler

In his presentation "Increasing value in the truck industry", Andreas Renschler spoke about ways to create an efficient global value creation strategy.

The Truck Group & Buses division of DaimlerChrysler AG comprises the truck and bus activities. More than 83,000 employees contribute to the success of the Mercedes-Benz, Freightliner, Fuso, Sterling, Western Star, Thomas Built Buses, Setra and Orion brands. The positive business development of the previous year was continued in 2006: DaimlerChrysler sold more trucks last year than ever before. With 537,000 units, the Truck Group, the global market leader, increased its sales of trucks by 1.4 % compared to 2005. This new sales record is due to the extensive model range with the Truck Group's five truck brands, the success of innovative products such as the Blue Tec diesel technology, as well as purchases brought forward due to new emissions regulations in the USA and Japan. The company's turnover in 2005 amounted to over EUR 30 billion.

In 2006, DaimlerChrysler Buses sold around 36,000 units of the Mercedes-Benz, Setra and Orion brands worldwide in both the chassis business and the complete bus segment, continuing the exceptionally high level of the previous year. Overall, DaimlerChrysler Buses once again confirmed its position as world market leader with its 2006 sales results.

Andreas Renschler has been a member of the Board of Management of DaimlerChrysler AG since October 1, 2004 and is responsible for Truck Group & Buses.

Mr. Renschler was born in Stuttgart on 29 March 1958. After graduating from technical college, he studied industrial engineering at the University of Applied Sciences for Technology in Esslingen from 1979 to 1983, graduating with a degree in industrial engineering. From 1984 to 1987, he studied business administration at the Eberhard Karls University in Tübingen, where he graduated with a degree in business administration. Since joining the former Daimler-Benz AG in 1988, Mr. Renschler has held various positions within the Group, including Chairman of the Board of Management for the Mercedes-Benz M-Class in Tuscaloosa, USA and Chairman of the Board of Management of smart GmbH.

Status: Beginning of 2007