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Daimler CEO uses windfall gain to buy $1.5 million in stock

(Reuters) - The embattled chief executive of German luxury carmaker Daimler <DAIGn.DE>, Dieter Zetsche, purchased roughly 1.15 million euros ($1.51 million) worth of stock on Wednesday using the proceeds from share options granted nearly 10 years ago.Full story

Mercedes Unveils 'Baby Benz'

  CNBC's Phil LeBeau talks with Dieter Zetsche, Daimler chairman, about the debut of its more affordable Mercedes.

Paris Auto Show: Gloom Over Glam

  CNBC's Phil LeBeau talks with Daimler Chairman, Dieter Zetsche about the focus of today's Paris Auto Show, which will be more about how to jump start the economy and less about flashy new models.

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Dieter Zetsche, CEO of German carmaker Daimler, poses in a new Mercedes-Benz S-class car during a presentation in Hamburg, May 15, 2013.
Dieter Zetsche, CEO of German carmaker Daimler, poses in a new Mercedes-Benz S-class car during a presentation in Hamburg, May 15, 2013.

Dieter Zetsche, CEO of German carmaker Daimler, poses in a new Mercedes-Benz S-class car during a presentation in Hamburg, May 15, 2013. REUTERS/Fabian Bimmer

Dieter Zetsche, CEO of German carmaker Daimler, arrives in a Mercedes SLS Electric Drive at the Electro Mobiliy Conference of the German Government in Berlin
Dieter Zetsche, CEO of German carmaker Daimler, arrives in a Mercedes SLS Electric Drive at the Electro Mobiliy Conference of the German Government in Berlin

Dieter Zetsche, CEO of German carmaker Daimler, arrives in a Mercedes SLS Electric Drive at the Electro Mobiliy Conference of the German Government in Berlin May 27, 2013. REUTERS/Thomas Peter (GERMANY - Tags: BUSINESS TRANSPORT POLITICS)

File photo of Daimler AG CEO Dieter Zetsche at the North American International Auto Show in Detroit
File photo of Daimler AG CEO Dieter Zetsche at the North American International Auto Show in Detroit

Daimler AG CEO Dieter Zetsche speaks at the North American International Auto Show in Detroit, Michigan in this January 14, 2013 file photo. Daimler's supervisory board is set to hold a meeting at which the extension of Chief Executive Dieter Zetsche's contract is set to be discussed. Picture taken