Mercedes-Benz Names New U.S. Sales Chief

Daimler AG's Mercedes-Benz unit has selected Dietmar Exler to take over as vice president of sales for Mercedes-Benz USA on Jan. 1.

Exler, currently vice president for Mercedes-Benz Financial Services USA, succeeds Michael Slagter, who will retire at the end of February.

Exler is a past executive at Chrysler Financial, DaimlerChrysler Financial Services and the Mercedes-Benz Bank. Daimler has not announced his successor at the U.S. financial unit.