BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Daimler AG (DDAIF.PK) has been fined by the Stuttgart public prosecutor for violation of supervisory duties with respect to vehicle certification related to deviations from regulatory requirements in certain Mercedes-Benz vehicles. The fine is in the amount of 870 million euros. The company has refrained from taking a legal remedy against the fine notice.
Daimler AG said, for the third quarter 2019, the fine does not result in a relevant additional negative effect on earnings. The company maintained its earnings forecast.
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