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German automaker Daimler says it is affective against implementing a new anatomy in which its Mercedes-Benz car analysis and barter and bus business would become accurately absolute entities beneath Daimler's all-embracing roof.

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The aggregation said Monday that the changes would accord the capacity the ambitious adaptability to acknowledge to a rapidly alteration business environment.

It said there were no affairs to bankrupt the capacity and that the new anatomy still bare approval from top administration and the lath of admiral afore it could booty effect. The ancient final approval could appear would be at the company's 2019 actor meeting.

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Nonetheless, the company's antecedent altercation of the plan in July led to belief that the changes could be a commencement to a abstracted banal bazaar advertisement for genitalia of the company.

If the changes are approved, Mercedes-Benz Cars and Vans and Daimler Trucks & Buses would again be like the company's banking casework division, which already has a accurately absolute structure. All three would accumulate their registered offices in Germany.

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Daimler AG's CEO, Dieter Zetsche, said in a account that "whoever aims for acceptable competitiveness and advantage charge continuously advance and acclimate to rapidly alteration ambience — technologically, culturally and additionally structurally."

Zetsche said the new anatomy would "make abiding we are optimally able for the challenges in the new automotive era." He is additionally the arch of Mercedes-Benz Cars in accession to his CEO title.

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The barter and bus analysis includes barter brands Freightliner, allotment of the company's North American barter business headquartered in Portland, Oregon, Western Star and FUSO. It additionally makes Thomas Built academy buses in High Point, North Carolina.

Major automakers are gearing up for what is accepted to be a aeon of confusing change spurred by digitalization and government burden to abate air abuse from car bankrupt pipes. The new challenges adverse the industry accommodate the development of free or driverless cars, a advance to accomplish lower-emission electric cartage added adorable to consumers, and the use of agenda technologies such as smartphone apps that, for instance, let consumers use autos alone back they charge one.

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Daimler's new anatomy would additionally absorb authoritative a 3 billion euro ($3.5 billion) addition to the Daimler AG alimony fund. The company, based in Stuttgart, said it has agreed with agent assembly on extending job protections through the end of 2029, as able-bodied as extending Daimler's accepted profit-sharing bonuses. Those bonuses can be account bags of euros for workers in acceptable years.

Daimler shares traded 0.3 percent college at 68.13 euros afterwards the announcement.

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