Daimler to Pay Fine in Diesel Investigation

Order Reprints

Sept. 24, 2019—Daimler will pay a fine of 870 million euros in relation to the certification of diesel vehicles that did not meet regulatory requirements, reported Reuters.

Stuttgart prosecutors said the fine has no impact on an ongoing investigation into individuals in relation to suspected manipulation of diesel engine software.

The maker of Mercedes-Benz cars said in a separate statement it will refrain from taking legal remedies and confirmed its earnings forecast.

Related Articles

Daimler to Pay $13M to Settle Investigation

GM to Pay $1M SEC Fine for Ignition Switch

You must login or register in order to post a comment.