Mercedes-Benz appoints new US CEO

Mercedes-Benz announced that Adam Chamberlain will serve as the new CEO of the US company from July 1, and will also be responsible for marketing and sales in the North American market. He will replace Dimitris Psilakis, who will move to a senior strategic advisor. Chamberlain previously served as executive vice president and chief operating officer at Lithia & Driveway, managing more than 300 dealers and helping the company achieve more than $30 billion in revenue.