DAIMLER AG AGREES TO PAY $1.5 BILLION TO RESOLVE A US GOVERNMENT PROBE

Highlights

• According to the court papers, this settlement with the US Justice Department and California Air Resources Board is inclusive of a civil penalty worth $875 million levied under the Clean Air Act

• The California settlement fair is reasonable and in the p...

Mercedes-Benz Revises 744,000 Automobiles for Panoramic Sunroofs That Can Come Off

Mercedes-Benz is a German worldwide car marque and a division of Daimler AG. Mercedes-Benz is known for its extravagance vehicles, vans, trucks, transports, mentors, and ambulances. A car sunroof is a mobile board that is operable to reveal a window in a car rooftop, which permits light and addit...

Daimler AG intends to be cutting 10 thousand as it shifts towards Electric Cars

The parent firm of Mercedes-Benz, Automaker Daimler AG made an announcement that it will be cutting 10 thousand jobs as the firm rapidly shifts from traditional combustion engines to electric cars.

This enormous job cut plan will be part of a corporate initiative for complying with the ...