Chrysler Sales Exec Steps Down

Joe Eberhardt will move to Mercedes-Benz amid big sales declines at Daimler's U.S. arm.
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Chrysler Group's head of sales and marketing plans to step down as the automaker continues to grapple with big sales declines.

The U.S. unit of

DaimlerChrysler

(DCX)

said Tuesday that Joe Eberhardt plans to focus on automotive retailing within the Mercedes-Benz division in the U.S.

All of Chrysler's sales and marketing executives will now report to Chrysler Group CEO Tom LaSorda.

In a press release, Chrysler said Eberhardt has been talking about returning to the retail world, where he spent several years with Daimler's Mercedes-Benz division. His departure, however, comes as Chrysler Group has been

weighing on its parent company's results. The U.S. business recorded an operating loss of $1.48 billion in the third quarter.

According to

The Wall Street Journal

, Eberhardt faced pressure from dealers, who reportedly said he pressured them to order more vehicles to help take down Chrysler's inventory.