Daimler Plans More Than 10,000 New Jobs Worldwide In 2011

STUTTGART, Germany, Feb. 24, 2011 /PRNewswire/ -- Daimler plans to recruit more than 10,000 people worldwide in 2011, thereof 4,000 in Germany alone. 6,700 skilled workers and approximately 700 graduates will be recruited directly all over the world. The Group is also focusing on gaining talent for the future: As well as taking on approximately 1,900 apprentices, Daimler is also offering positions for 600 trainees in its CAReer trainee program and for more than 200 students at the 'Duale Hochschule'. Most of those positions will be offered in Germany.

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"As the inventor of the automobile, we intend to be at the forefront of shaping the transformation of our industry. That's why we are making enormous investment not only in research and development, but also in the recruitment and training of the best young talent and skilled workers. We can only deliver top performance with the help of a first-class workforce. Our human resources policy stands on two pillars: the continuous encouragement and support of young talent along with the recruitment of highly qualified skilled workers and graduates with work experience," stated Wilfried Porth, Daimler's Board of Management Member for Human Resources and Labor Relations Director.

"With a presence in nearly 200 countries, hardly any other German company is as international as Daimler. We are growing in many regions of the world and want to compete for the best personnel everywhere," Porth continued.

The direct new recruitment of 6,700 skilled workers will take place worldwide, partially for the new or expanded plants in Hungary, India and Mexico. In the United States, 1,300 new employees will be recruited for the plants of Daimler Trucks North America. In Germany, Daimler plans to take over approximately 1,900 apprentices when they have passed their final examinations.

In addition, approximately 700 engineers and informatics experts will be taken on in 2011 – for example in the Group's departments for alternative drive systems, lightweight construction, driver assistance systems and worldwide IT management. More than half of this recruitment will be in Germany. Daimler is mainly seeking mechanical, electrical and informatics engineers for these positions.

Approximately 600 young people will be taken into the Group-wide trainee program, CAReer, thereof 500 in Germany. More than 65 percent of the recruitment for CAReer is in technical areas. During the program, university graduates and career starters with some work experience pass through a total of three national and international project deployments in various parts of the company.

Against the backdrop of ongoing technological changes in the automotive industry, recruitment for the engineering courses at the 'Duale Hochschule' has increased continuously in recent years. In 2011, probably more than 200 of those students will start work at Daimler. Daimler has been involved with great success in these university courses combining academic education with practical training since 1972, and was one of the founders of the so called Stuttgart Model, which was the predecessor of the former 'Berufsakademie' and today's 'Duale Hochschule'.

In addition to the new permanent jobs, approximately 1,800 apprentices will start their job training at Daimler in 2011. Daimler provides 37 percent of the apprenticeships of the German automobile manufacturers and trains young people in 21 technical and 13 commercial occupations. Daimler can look back on a tradition of more than 100 years in the field of occupational training.

As of December 31, 2010, the Daimler Group employed 260,100 people worldwide, thereof 164,000 in Germany. This was 3,700 more worldwide and 1,500 more in Germany than a year before. With regard to the overall workforce development in the year 2011, Daimler assumes that the number of employees worldwide will increase slightly. More information for job applicants and details of specific positions vacant can be accessed at www.career.daimler.com. Further information from Daimler is available on the internet at: www.media.daimler.com and www.daimler.com

The figures in this document are preliminary and have neither been approved yet by the Supervisory Board nor audited by the external auditor. This document contains forward-looking statements that reflect our current views about future events. The words "anticipate," "assume," "believe," "estimate," "expect," "intend," "may," "plan," "project," "should" and similar expressions are used to identify forward-looking statements. These statements are subject to many risks and uncertainties, including an adverse development of global economic conditions, in particular a decline of demand in our most important markets; a deterioration of our funding possibilities on the credit and financial markets; changes in currency exchange rates; a shift in consumer preference towards smaller, lower margin vehicles; or a possible lack of acceptance of our products or services, which may limit our ability to implement prices as well as to adequately utilize our production capacities; price increases in fuel, raw materials; disruption of production due to shortages of materials, labor strikes, or supplier insolvencies; a decline in resale prices of used vehicles; the effective implementation of cost-reduction and efficiency-optimization measures; the business outlook of companies in which we hold a significant equity interest, most notably EADS; the successful implementation of strategic cooperations and joint ventures, changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel economy and safety; the resolution of pending governmental investigations and the conclusion of pending or threatened future legal proceedings; and other risks and uncertainties, some of which we describe under the heading "Risk Report" in Daimler's most recent Annual Report. If any of these risks and uncertainties materialize, or if the assumptions underlying any of our forward-looking statements prove incorrect, then our actual results may be materially different from those we express or imply by such statements. We do not intend or assume any obligation to update these forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made.

About Daimler

The company's founders, Gottlieb Daimler and Carl Benz, made history with the invention of the automobile in the year 1886. 125 years later, in anniversary year 2011, Daimler AG is one of the world's most successful automotive companies. With its divisions Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services, the Daimler Group is one of the biggest producers of premium cars and the world's biggest manufacturer of commercial vehicles with a global reach. Daimler Financial Services provides its customers with a full range of automotive financial services including financing, leasing, insurance and fleet management. As an automotive pioneer, Daimler continues to shape the future of mobility. The Group applies innovative and green technologies to produce safe and superior vehicles which fascinate and delight its customers. With the development of alternative drive systems, Daimler is the only vehicle producer investing in all three technologies of hybrid drive, electric motors and fuel cells, with the goal of achieving emission-free mobility in the long term. This is just one example of how Daimler willingly accepts the challenge of meeting its responsibility towards society and the environment. Daimler sells its vehicles and services in nearly all the countries of the world and has production facilities on five continents. In addition to Mercedes-Benz, the world's most valuable automotive brand, Daimler's brand portfolio includes smart, Maybach, Freightliner, Western Star, Fuso, Setra, Orion and Thomas Built Buses. The company is listed on the stock exchanges of Frankfurt and Stuttgart (stock exchange symbol DAI). In the year 2010, the Daimler Group sold 1.9 million vehicles and employed a workforce of more than 260,000 people; revenue totaled euro 97.8 billion and EBIT amounted to euro 7.3 billion.

SOURCE Daimler Corporate Communications

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