Karin Matussek

Business, Fuel

Daimler Investors Seek $1 Billion Over Diesel Disclosure

Mercedes-Benz tire badges Mercedes-Benz tire badges at the Rastatt, Germany, factory by Michaela Handrek-Rehle/Bloomberg

Daimler AG was sued by more than 200 shareholders for as much as $1 billion over claims the parent of Mercedes-Benz luxury cars failed to properly disclose that its vehicles were fitted with technology to cheat on diesel emissions tests.

Karin Matussek | Bloomberg News
January 7, 2020