Hyperdrive
Daimler CEO Promises Fresh Approach After Bumpy Start in Role
- Kallenius pledges earnings recovery even as dividend is cut
- Past profit warnings have shaken investors’ faith in carmaker
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Ola Kallenius got off to a shaky start at the helm of Daimler AG, presiding over three profit warnings since last May as legal costs, tariff threats and swollen development spending marred his coronation after he took over from longtime boss Dieter Zetsche.