Business News | Daimler India Commercial Vehicles Under New Leadership

Get latest articles and stories on Business at LatestLY. Chennai (Tamil Nadu) [India], November 14: Daimler Truck's commercial vehicle business in India under new leadership: Torsten Schmidt (53), currently Chief Financial Officer (CFO) of Mercedes-Benz do Brasil, will become the new Managing Director & CEO of Daimler India Commercial Vehicles (DICV) with a planned start in early 2026. Torsten Schmidt succeeds Satyakam Arya as CEO, who has been nominated as the designated President and CEO of Hino Motors in Japan. Torsten Schmidt will become the new Managing Director & CEO of Daimler India Commercial Vehicles (DICV) in early 2026. He succeeds Satyakam Arya, who is named as the designated President and CEO of Hino Motors in Japan. Achim Puchert, CEO Mercedes-Benz Trucks: "Torsten is an experienced and respected leader whose global and intercultural expertise are matched by a proven ability to deliver results. His strong leadership qualities, strategic vision, financial proficiency, and comprehensive knowledge of the entire value chain make him the perfect fit for his new role and to drive our business forward."