Daimler AG, the corporation responsible for Mercedes Benz and an enormous host of other automotive brands, has been fined USD 960 million for selling diesel cars with rigged emissions ratings. German prosecutors found that Daimler’s CEO showed “negligent violations of supervisory duties” in their sale of over 684,000 vehicles that did not comply with nitrogen oxide standards.
Motor authorities discovered over 280,000 C and E classes which were sold with emissions tampering software in their ECU’s, which further pushed recalls of nearly 700,000 other vehicles in 2018. Even more pressing than the 2018 recalls were the 60,000 freshly redesigned Mercedes GLK’s that got recalled in 2019.
Daimler AG has not pursued an appeal against the decision and will accept the fine. While the company is most well-known for their ownership and operations in Mercedes Benz, they also have a legitimate stake in many other automotive, bus, and motorcycle companies such as Mitsubishi Fuso, Smart automobile, Freightliner, MV Augusta, and many others.
All these proceedings have been trickling down since a raid against Daimler in 2017. Europe’s car industry continues to reel in the wake of Volkswagen’s gigantic suit. In that case, many executives faced market manipulation charges along with personal fines and possible termination. Check back in with us as we learn more.