Illegal Market of Counterfeit Auto Parts More Profitable Than Narcotics
The steep cost of replacement auto parts -- combined with a shortage of car parts -- has led to a major boom in the illegal market for counterfeits. The U.S. Federal Trade Commission has valued the the counterfeit auto-part...
Greek App Taxibeat Close to Being Bought by Daimler for €40 Mln
According to unconfirmed information, the Greek application Taxibeat is very close to being acquired by Daimler subsidiary MyTaxi, at about 40 million euros. German giant Daimler, best known for Mercedes-Benz and Smart vehicles, is investing in new technologies for automotive...
Greek Prosecutors Bring Charges Against German Company Daimler
Greek prosecution authorities have announced on Monday that they are bringing charges against a number of employees of German multinational automotive corporation Daimler, who are reportedly involved in bribes to Greek officials, amounting to millions of euros. According to Greek...