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Latest DaimlerChrysler Services North America Stories

2005-07-26 15:18:03

DETROIT (Reuters) - DaimlerChrysler has agreed to settle a lawsuit in which its U.S. finance arm stood accused of discriminating against African Americans and Hispanics by charging them more for car loans, according to federal court documents. Under terms of the settlement, DaimlerChrysler Services North America LLC will be required to offer several billion dollars in loans to black and Hispanic people based only on their credit history, according to plaintiffs' attorneys. A judge on...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.