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Company: DaimlerChrysler
Current Parent Company:
Stellantis
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $14,500,000
Year: 2006
Date: December 26, 2006
Offense Group: safety-related offenses
Primary Offense: product safety violation
Violation Description: DaimlerChrysler agreed to pay $14.5 million to settle class action litigation concerning defective brakes on Jeep Grand Cherokees.
Level of Government: state
Action Type: private litigation
Court: Bergen County (NJ) Superior Court
Civil or Criminal Case: civil
Case ID: BER-L-4883-04
Case Name: Robert Lubitz v. DaimlerChrysler Corp
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
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.