‘Dieselgate’ recall of more Mercedes vehicles ‘likely’

Author: Agencies

German authorities will “likely” discover software rigging the level of diesel emissions in Mercedes-Benz cars other than those already sanctioned, the Daimler group warned on Friday. Daimler stands accused of hiding the fact that it was using illegal software in diesel cars to cheat emissions tests. “It is likely that in the course of the ongoing and/or further investigations KBA (Federal Motor Transport Authority) will issue additional administrative orders holding that other Mercedes-Benz diesel vehicles are also equipped with impermissible defeat devices,” the manufacturer wrote in its annual report. KBA has already ordered the recall of nearly a million Mercedes cars. The manufacturer disputes the illegality of the “engine management functions” under the spotlight but at the end of September agreed to pay a fine of 870 million euros ($944 million) for selling non-compliant vehicles. Faced with the threat of new recalls, the manufacturer has suspended the sale of certain models “as a precaution”. Total charges of 5.5 billion euros from dieselgate, which began with Volkswagen in 2015, and a mass recall of vehicles fitted with faulty airbags from supplier Takata contributed to net earnings slumping by 64 percent to 2.7 billion euros ($2.9 billion) last year.

Share
Leave a Comment

Recent Posts

  • Business

Soyabean, palm oil imports grew 53.07%, 28.55% in 9 months

Edible oil imports including soyabean and palm into the country during the first three quarters…

3 hours ago
  • Business

China-Pakistan Investment and Trade Symposium held in Qingdao

China-Pakistan Investment and Trade Symposium was held in Qingdao, Shandong Province, China, aiming to attract…

3 hours ago
  • Business

Rupee remains largely stable against US dollar

The Pakistani rupee remained largely stable against the US dollar in the inter-bank market on…

3 hours ago
  • Business

Gold price per tola increases Rs1,100

Gold prices in Pakistan were back to winning ways on Wednesday in line with an…

3 hours ago
  • Business

‘Strong performance’: Standard Chartered explains reason for increase in share price

Standard Chartered Bank (Pakistan) Limited (SCBPL), a subsidiary of Standard Chartered Plc, said on Tuesday…

3 hours ago
  • Business

Pakistan Refinery suffers Rs1.24bn loss in 3QFY24

Battered by lower revenue and high cost of sales, Pakistan Refinery Limited (PRL), a subsidiary…

3 hours ago