Daimler's next CEO will have a tough job to restore margins at Mercedes-Benz, current boss Dieter Zetsche said last week as the German car maker launched a new luxury electric car to rival Tesla.

Zetsche, who last week handed over the top job to 49-year-old Swede Ola Källenius, is credited with having returned Mercedes-Benz to the position of top-selling luxury car brand in 2016...

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