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Wednesday, September 25, 2019

Daimler to pay almost $1B to settle German probe into rigged diesel cars

Daimler headquarters in Stuttgart, GermanyDaimler on Tuesday agreed to pay 870 million euros (approximately $960 million) to settle a probe by prosecutors in the automaker's hometown of Stuttgart, Germany, into rigged diesel cars sold by Mercedes-Benz. Daimler recalled 774,000 vehicles in Europe last year after some of the vehicles, mostly C-Class and E-Class models, were discovered by...

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