Dimitris Psillakis, CEO and president of Mercedes-Benz Korea, is leaving his post soon to take up a new position, with the company in good stead, as the No. 1 import brand, but also under investigation for fabricating emissions data.
Mercedes-Benz Korea was raided by Seoul Central District Prosecutors on Thursday collecting evidence of alleged emission test-result manipulation.
Mercedes-Benz Korea is appointing a new CEO this summer despite the local subsidiary of Daimler Group enjoying significant sales success under the current leadership. Mercedes-Benz Korea CEO Dimitris Psillakis will step down on Aug. 1.