Daimler is remaining tight-lipped surrounding reports it is facing significant fines in the US concerning apparent corruption investigations.

The German automaker declined to elaborate to just-auto on intense media speculation that has raised the possibility of swingeing financial penalties, but did confirm it was facing court proceedings next week.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

“We have a hearing scheduled in Washington for 1 April at the US district court and we as a company as well as the US authorities will not comment on [any] settlement prior to the such a hearing,” a Daimler spokeswoman said.

“It is not that we won’t or can’t [comment]. These investigations are not new at all – we reported since 2005 about the issue.

“The reason it is happening now is the date for hearing is now.”

Further details are expected later.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Neonode has won the Innovation Award for Driver Monitoring Software for its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.

Discover the Impact