Daimler Could Be Slapped with Fine of 3.75 Billion Euros in Connection to Diesel Emissions Scandal
Daimler, the parent of Mercedes-Benz, is in danger of being fined by Germany’s Federal Ministry of Transport and Digital Infrastructure. The penalty could go up to 3.75 billion euros or ($4.4 billion). This is in relation to the involvement of the automaker in the diesel emissions scandal. According to Spiegel, a German magazine, it was Andreas Scheuer, the Federal Minister for Transport and Digital Infrastructure, who threatened to impose that heavy fine to Daimler. It came after Daimler CEO Dieter Zetsche was questioned about how many vehicles under the Mercedes-Benz brand needed to be fixed after investigators found out that one of its models had an illegal software capable of manipulating… Continue Reading »