UPDATE 1-DaimlerChrysler's shares firm ahead of Q2 results

Newswire

(Adds news on new Mercedes division chief, stock price) FRANKFURT, July 29 (Reuters) - DaimlerChrysler stock firmed as the world's fifth-biggest carmaker named a new head of its flagship Mercedes Car Group on Thursday and investors anticipated solid second-quarter results. The German-American group picked Eckhard Cordes, the head of commercial vehicles, to succeed Juergen Hubbert as chief of the Mercedes division, effective Oct. 1. Cordes, 53, is a loyal ally of Chief Executive Juergen ...

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