Direct costs of Daimler diesel recall in Europe limited


In thisJan 14, 2013 file image Dieter Zetsche, Chairman of the Board of Management of Daimler AG, Head of Mercedes-BenzCars speaks at media sneak peeks for the North American International Auto Show inDetroit Germany’s transportation minister stated the federal government is purchasing car manufacturer Daimler to instantly recall 238,000 cars geared up with software application that shuts off emissions controls under particular conditions. (AP Photo/PaulSancya, file).

AutomakerDaimler’s recall and software application repairs for 774,000Mercedes-Benz cars and trucks and vans in Europe will likely cost near or more than 100 million euros ($118 million.).

AnalystMarc-ReneTonn at Warburg Research supplied the quote onTuesday Tonn states the direct monetary effect will be “limited” due to the fact that cooperation with authorities must enable Daimler to prevent charges of approximately 5,000 euros per lorry.

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GermanTransport Minister Andreas Scheuer purchased the recall that impacts 280,000 cars and trucks in Germany onMonday Scheuer stated the cars and trucks had software application that poorly switched off emissions controls.

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Daimler verified Tuesday that the order will result in the recall of all afflicted cars inEurope The engines at concern were not used in the UnitedStates The business states it might appeal legal elements of the choice.


Explore even more:
Germany offers Daimler due date to send repair for diesel vans.

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