Daimler Drops on Report Software Affected U.S. Emissions Tests
- Authorities are aware and haven’t filed a complaint: carmaker
- Company has worked with U.S. regulators for over two years
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Daimler AG fell after a German newspaper reported U.S. investigators detected software in its Mercedes-Benz diesel cars that might have been designed solely to pass regulatory emissions tests.
The vehicle maker developed several software applications that reduce or regulate the application of AdBlue fluid that helps eliminate harmful exhaust gases, Bild am Sonntag reported Sunday, citing confidential documents. Daimler employees doubted the legality of software functions that can help a tank of AdBlue last for the entire period between the car’s scheduled servicings, the newspaper said, citing internal emails.