|Day's Range||76.50 - 78.50|
|52 Week Range||56.70 - 78.50|
|PE Ratio (TTM)||7.64|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
German authorities turned up the heat on Daimler in an investigation into alleged diesel-emissions fraud, raiding the company’s Stuttgart headquarters and other sites to secure evidence, prosecutors said....
Fiat Chrysler shares fell in New York following a report that the DoJ is preparing to file a civil suit against the carmaker for violating the Clean Air Act.
Daimler's (DAIGn.DE) board members are not personally under investigation as part of a fraud probe being conducted by the Stuttgart public prosecutor, a company source said on Tuesday. The German carmaker and owner of the Mercedes-Benz brand said it was being searched by prosecutors as part of a fraud probe related to false advertising and the possible manipulation of exhaust-gas after-treatment in diesel cars. The Stuttgart public prosecutor's office said 23 prosecutors and around 230 staff, including police and state criminal authorities, were involved in searching 11 sites in the German states of Baden-Wuerttemberg, Berlin, Lower Saxony and Saxony on the lookout for data files and evidence.