Daimler Trucks Chief, Wolfgang Bernhard Quits

Bernhard's restructuring efforts have angered powerful labour leaders, who have hampered his progress in the company, until he was too old to be considered for the top job, according to sources familiar with the matter.

Daimler, in a statement said that Bernhard is leaving in his own request for personal reasons, and he will be relieved from his duties with immediate effect. The company did not comment about his future, but have confirmed that Dieter Zetsche, the Chief Executive Officer will take over Bernhard's duties at Daimler Trucks and Buses.

Bernhard joined Daimler in 1994 and moved up in ranks to head Mercedes-Benz vans, then moved on to become the board member for production for Mercedes-Benz Cars, and eventually head of trucks.

Mercedes, being a part of Daimler make some of the most luxurious cars, like the S-Class Coupe Night Edition pictured below.