Daimler Benz Aktiengesellschaft

The industrial giant Daimler-Benz, which forced thousands of people into work programs to fuel the Nazi war effort, will pay nearly $12 million to the laborers and their families, the West German Red Cross said in a statement prepared for release today. Heinz Galinski, chairman of the West German Jewish Council, on Saturday welcomed news of the payment but said the company should have made reparations years ago. "To wait this long is a horrible betrayal of all those who suffered," Galinski said.

The government has cleared the way for giant auto maker Daimler-Benz AG to buy a major arms maker in what will create one of Europe's largest companies, overriding an antitrust panel veto of the merger that's been dubbed the "elephants' wedding." Economics Minister Helmut Haussmann told a news conference Friday that he had agreed to endorse Daimler's $859-million bid to take over the Messerschmitt-Boelkow-Blohm GmbH aerospace and technology firm with certain conditions.

The government has cleared the way for giant auto maker Daimler-Benz AG to buy a major arms maker in what will create one of Europe's largest companies, overriding an antitrust panel veto of the merger that's been dubbed the "elephants' wedding." Economics Minister Helmut Haussmann told a news conference Friday that he had agreed to endorse Daimler's $859-million bid to take over the Messerschmitt-Boelkow-Blohm GmbH aerospace and technology firm with certain conditions.

West German automobile giant Daimler-Benz sold trucks to the military in Pakistan without proper export permits, the news magazine Der Spiegel reported. A spokesman for Daimler-Benz, Friedrich Loesch, denied that export rules were broken, saying the trucks were "multi-use vehicles" not specifically designed for military purposes. However, he conceded that the trucks could be used by the Pakistan military.

West German automobile giant Daimler-Benz sold trucks to the military in Pakistan without proper export permits, the news magazine Der Spiegel reported. A spokesman for Daimler-Benz, Friedrich Loesch, denied that export rules were broken, saying the trucks were "multi-use vehicles" not specifically designed for military purposes. However, he conceded that the trucks could be used by the Pakistan military.

The industrial giant Daimler-Benz, which forced thousands of people into work programs to fuel the Nazi war effort, will pay nearly $12 million to the laborers and their families, the West German Red Cross said in a statement prepared for release today. Heinz Galinski, chairman of the West German Jewish Council, on Saturday welcomed news of the payment but said the company should have made reparations years ago. "To wait this long is a horrible betrayal of all those who suffered," Galinski said.