Inigo Mazquiaran Appointed to General Manager of Corporate Finance, Controlling & Risk for MBUSA

MONTVALE, N.J., Dec. 20, 2007 -- Mercedes-Benz USA (MBUSA) announced the appointment of Inigo Mazquiaran to the position of general manager, Corporate Finance, Controlling & Risk, effective immediately. In this position, Mazquiaran will have responsibility for the company's finance, controlling and risk management operations. Mazquiaran will report directly to MBUSA Vice President, Finance, Controlling and Information Technology Norbert Litzkow and replaces Michael Hynekamp who left the company to pursue other interests.

Mazquiaran brings over ten years of Mercedes-Benz experience with him to his new position. In his most recent position as department manager of digital marketing for MBUSA, Mazquiaran was responsible for the ongoing development of the company's public web site, www.mbusa.com as well as strategic oversight of Mercedes-Benz retailer web sites and the planning and creative executions of MBUSA's online advertising.

Previously, Mazquiaran worked as department manager, corporate budget and controlling for four years at MBUSA, where he managed overhead and capital reporting and controlling, fixed assets accounting, and financial data warehouse implementation. He was also responsible for the development and implementation of MBUSA's corporate standards reporting structure.

Before joining MBUSA in 2002, Mazquiaran acquired his financial experience in various positions at Evobus GmbH at Daimler headquarters in Stuttgart, Germany and the Mercedes-Benz factory in Vitoria, Spain.

Originally from Vitoria, Spain, Mazquiaran holds a bachelor degree in business administration from the University of the Bask Country in Bilbao, Spain. He currently lives in Manhattan.

Mercedes-Benz USA, headquartered in Montvale, New Jersey, is responsible for the sales, marketing and service of all Mercedes-Benz and Maybach products in the United States. In 2006, MBUSA achieved an all-time sales record of 248,080 new vehicles, setting the highest sales volume ever in its history and achieving 13 consecutive years of sales growth.

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