Germany has imposed a 870 million-euro ($960 million) fine on Daimler for cheating diesel emission rules, with the car maker saying that they will not appeal the penalty.
The car maker said in a statement that the fine isn’t going to affect significantly their third-quarter earnings and added: “Daimler has refrained from taking a legal remedy in the public prosecutor’s administrative offense proceeding. It is in the company’s best interest to end the administrative offense proceeding in a timely and comprehensive manner and thereby conclude this matter.”
This is the latest episode in the aftermath of VW’s Dieselgate, which continues to unravel as the VW Group’s CEO Herbert Diess, Chairman Hans Dieter Poetsch and former CEO Martin Winterkorn were charged with market manipulation by German authorities.
German prosecutors added that the fine has no impact on the ongoing proceedings against individuals accused of tampering with the engine software in some of their diesel cars. Back in May 2017, Daimler’s offices were raided by the authorities as part of a fraud investigation on possible manipulation of diesel vehicles’ emissions.
Germany’s KBA motor authority found that around 280,000 C-Class and E-Class models were fitted with software that manipulated emissions during testing. That led to a recall of around 700,000 vehicles last year, while a few months back they also recalled 60,000 GLKs for the same reason. Daimler is also under investigation by the US Department of Justice and faces a class action lawsuit in New Jersey.