On Air Now

Listen

Listen Live Now » 101.1 FM Green Bay, WI

Weather

Current Conditions(Green Bay,WI 54303)

More Weather »
75° Feels Like: 75°
Wind: S 8 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Clear 53°

Tomorrow

Mostly Sunny 82°

Thurs Night

Isolated Thunderstorms 64°

Alerts

Breaking News

BREAKING: Wisconsin Assembly Passes Budget Without Debate 55-42

MADISON, WI (WTAQ) - In an unusual move, the Wisconsin Assembly passed the proposed two-year state budget without much of a debate. The abrupt vote was 55-42. Minority Democrats did not offer any amendments. Minority Leader Peter Barca says it became clear Republicans were not open to changing the $70 billion spending package. Included in the budget, is the statewide expansion of the school choice program – along with a $650 million income tax cut, a refusal to take new federal Medic...

Read More »

Daimler names new board member for China to boost sales

FRANKFURT (Reuters) - Germany's Daimler said on Wednesday that Mercedes-Benz trucks chief Hubertus Troska will take over a newly-created portfolio for China to boost the car maker's flagging business in the world's largest auto market.

Daimler has been struggling for some time to improve distribution networks in China, weighing on regional deliveries of Mercedes-Benz luxury cars, which fell 6.6 percent in November to 16,876 units.

By contrast, German rivals BMW and Volkswagen's Audi have long been posting double-digit gains in vehicle sales in the lucrative Chinese market, extending their global lead over Stuttgart-based Daimler.

Troska's appointment is a "long needed change at the top" of Daimler, London-based Credit Suisse analyst David Arnold wrote in a note published on Wednesday. "Daimler's China operations are one of the major disappointments for markets."

Daimler's move reflects the heightening competition among Germany's top car makers for greater business in the Asian nation. VW, the first overseas car maker to enter China three decades ago, appointed executive board member Jochem Heizmann in June to take charge of a special portfolio to oversee future expansion in China.

"We are underscoring the strategic importance of China for Daimler," Daimler Chairman Manfred Bischoff said in a statement. "We continue to see great potential there for sustained growth and the continuous expansion of our business."

(Reporting by Andreas Cremer and Edward Taylor)

Comments