Archive · 13 Nov 2025
Torsten Schmidt to Lead Daimler India Commercial Vehicles
Daimler India Commercial Vehicles, which makes trucks and buses, is getting a new leader.
His name is Torsten Schmidt, and he will start in early 2026.
Right now, he is in charge of finances for Mercedes-Benz in Brazil.
He will be taking over from Satyakam Arya, who is moving to lead a company called Hino Motors in Japan.
Torsten Schmidt has worked for Daimler for a very long time, for almost 30 years, and has held important jobs in many countries like India, Japan, and Brazil.
The company believes he is a great choice because he has a lot of experience and a good plan for the future.
They also thanked the outgoing leader for his great work.
Torsten Schmidt will assume the role of Managing Director & CEO of Daimler India Commercial Vehicles (DICV) in early 2026.
Schmidt currently serves as the Chief Financial Officer (CFO) of Mercedes-Benz do Brasil.
He will succeed Satyakam Arya, who has been appointed as the President and CEO of Hino Motors in Japan.
Schmidt joined Daimler in 1997 and has held various senior positions globally, including in India and Japan.
Achim Puchert, CEO of Mercedes-Benz Trucks, emphasized Schmidt's experience, strategic vision, and leadership capabilities for the new role.
- Who
- Torsten Schmidt
- What
- Named Managing Director and CEO of Daimler India Commercial Vehicles (DICV)
- When
- From early 2026
- Where
- Daimler India Commercial Vehicles (DICV)
- Why
- To leverage his extensive experience and strategic vision to drive the business forward.
- New MD & CEO
- Torsten Schmidt
- Current Role of Schmidt
- Chief Financial Officer of Mercedes-Benz do Brasil
- Effective Date
- Early 2026
- Succeeds
- Satyakam Arya
- Arya's New Role
- President and CEO of Hino Motors in Japan
- Schmidt's Start at Daimler
- 1997
- DICV Headquarters
- Oragadam, Chennai, India
