Mercedes chief Cordes asks to leave - report


FRANKFURT, July 28 (Reuters) - The head of DaimlerChrysler's luxury division Mercedes Car Group has asked to be released from his contract because he felt he no longer had the board's full confidence, a German magazine reported on Thursday. Business monthly Manager Magazin cited unidentified sources as saying the supervisory board had asked for time to consider the request from Eckhard Cordes, who was passed over for job of replacing outgoing Chief Executive Juergen Schrempp. Chrysler ...

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