Daimler pays a minimum of € 1.9 billion to U.S. claimants and public authorities

the company said early Thursday evening. The cost, therefore, a payment of Euro 1.27 billion to the US authorities, as well as 592 million euros to the members

Daimler pays a minimum of € 1.9 billion to U.S. claimants and public authorities

the company said early Thursday evening. The cost, therefore, a payment of Euro 1.27 billion to the US authorities, as well as 592 million euros to the members of a class-action lawsuit. Other expenses in the amount of a mid three-digit million Euro amount in order to meet requirements from the comparisons, it would add it was.

The criminal investigation is running in the US since 2016 against Daimler, the Compare will not be affected. The competent authorities and courts still have to agree.

"With the planned comparisons, the company is an important step in order to create legal certainty in a range of Diesel-method in the United States," said Daimler. The management Board and the Supervisory Board of the carmaker have agreed to the plans. The US authorities concerned and the competent courts have to do that, then the comparisons are effective.

"The company has cooperated with the US authorities fully and will continue this cooperation," said Daimler. For the expected cost, you have made Provision in the balance sheet. The group had been placed in the past on several occasions large sums of money for the Diesel process in all over the world on the page. Among other things, therefore, the result was broke in 2019 drastically. The Stuttgart public Prosecutor had imposed on Daimler, also, in the past year, a fine of over 870 million euros.

Fiat Chrysler, and earlier Volkswagen had is in the diesel affair in the U.S., comparisons to the procedure enclosed. Above all, VW had to grab but it is significantly lower in the bag.

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flr/dpa

Date Of Update: 13 August 2020, 18:27
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