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Violation Tracker Individual Record

Company: DaimlerChrysler Services North America LLC
Current Parent Company: Stellantis
Penalty: $9,565,000
Year: 2005
Date: October 24, 2005
Offense Group: consumer-protection-related offenses
Primary Offense: discriminatory practices (non-employment)
Violation Description: DaimlerChrysler, now part of Fiat, agreed to settle a lawsuit alleging that it discriminated against African-American and Latino customers by charging them more for car loans. The company agreed to make hundreds of thousands of loans to minority customers on special terms, but no value was put on that part of the settlement. DaimlerChrysler also agreed to pay $65,000 to the class representatives, contribute $1.8 million to consumer education programs and pay $7.7 million in plaintiffs' legal fees and expenses.
Level of Government: federal
Action Type: private litigation
Court: District of New Jersey
Civil or Criminal Case: civil
Case ID: 2:00-cv-6003
Case Name: Smith, et al v. Chrysler Financial, et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Netherlands
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.