The charges relate to US Justice Department and Securities and Exchange Commission investigations into the company’s global sales practices.
Daimler, the owner of Mercedes-Benz, admitted to paying tens of millions of dollars of bribes to foreign government officials in at least 22 countries.
The offenses were committed between 1998 and 2008 by Daimler’s German-based exports subsidiary Export and Trade Finance, and its Russian business Mercedes-Benz Russia.
Full story: BBC News – Daimler agrees to pay $185m after admitting bribery