German car giant Daimler said Tuesday it will not contest an order from Stuttgart prosecutors to pay an 870 million euro ($957 million) fine over tens of thousands of diesel vehicles that breached emissions rules.
"The company has refrained from taking a legal remedy against the fine notice" relating to "negligent violation of supervisory duties," Daimler said in a statement, adding that it "does not result in a relevant additional negative effect on earnings" for July-September.