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The German automotive corporation will meet with NHTSA at least once every month.
Daimler will pay £7.31 million upfront and invest another £3.66 million in safety projects.
Daimler Trucks North America (ETR: DAI) said on Thursday that it will pay a civil penalty worth £21.94 million in the United States to settle an NHTSA (National Highway Traffic Safety Administration) launched investigation of delayed recalls.
Daimler has recovered sharply from a low of £19.71 per share in March when the COVID-19 crisis brought the global automotive demand to a near halt. At the time of writing, the stock is exchanging hands at £52.16 per share. The German company had started 2020 at a per-share price of £45.11. Learn more about the financial analysis of a company.