CSR News Stories
German carmaker Daimler has pleaded guilty to corruption in the US and will pay $185m to settle the case. The charges relate to US Justice Department and Securities and Exchange Commission investigations into the company's global sales practices.
A US court has been hearing an appeal by a number of companies, including IBM, Daimler and General Motors, to dismiss a suit that seeks damages from them for their role in South Africa during the time of Apartheid. The appeal argues that the US court has no jurisdiction over the matter, and companies could not be held responsible for the actions of the then South African government.
Congressional negotiators have agreed a deal that will require manufacturers of cars and light trucks to meet an average fuel efficiency performance of 35 miles to the gallon.
General Motors and DaimlerChrysler have announced that they are to collaborate to develop fuel-efficient hybrid technology to challenge the current supremacy of Japanese motor giants Toyota and Honda.
DaimlerChrysler has signed a global labour agreement with the International Metalworkers Federation entitled 'Social Responsibility Principles of DaimlerChrysler'.
The Constituency for Africa (CFA) has presented DaimlerChrysler AG with its Corporate Leadership Award in recognition of the company's commitment to combating HIV/AIDS in Africa.
DaimlerChrysler SA has introduced a requirement that its franchised dealers introduce a black empowerment partner into their business.
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In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.