Daimler risks a fine of one billion euros for tricking diesel emissions

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Mercedes’ parent company Daimler could pay a fine of one billion euros in its home country for tricking diesel emissions, according to German newspaper Der Spiegel.

Der Spiegel claims that the fine will be between 800 million and 1 billion euros, because Daimler has tricked diesel into several Mercedes models.

According to German media, KBA authorities have discovered illegal devices on a total of 280,000 C-Class and E-Class vehicles.

Authorities say the investigation is ongoing and will not be completed by the end of this year. Daimler did not wish to comment on the subject.

But a few weeks ago, Daimler announced to investors that it expected losses of 1.6 billion euros in the second quarter of 2019. Among the causes cited were issues with emissions for several Mercedes models, a clear sign that Daimler was expecting a fine from the authorities.