Violation Tracker Individual Record

Company: 
Daimler AG
Current Parent Company: 
Daimler
Penalty: 
$93,600,000
Year: 
2010
Date: 
April 1, 2010
Offense Group: 
competition-related offenses
Primary Offense: 
Foreign Corrupt Practices Act
Violation Description: 

Daimler AG and three of its subsidiaries resolved charges related to a Foreign Corrupt Practices Act investigation into the company's worldwide sales practices. Daimler AG's Russian subsidiary DaimlerChrysler Automotive Russia SAO, subsequently renamed Mercedes-Benz Russia SAO, and its German subsidiary, Export and Trade Finance GmbH, each pleaded guilty to criminal charges. Daimler AG entered into a deferred prosecution agreement as did its Chinese subsidiary.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Criminal Division
Civil or Criminal Case: 
criminal
Prosecution Agreement: 
plea & deferred prosecution agreement
HQ Country of Parent: 
Germany
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
motor vehicles
Specific Industry of Parent: 
motor vehicles
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.