
Honeywell International, which manufactures the air-conditioning refrigerant R1234yf, has dismissed Daimler’s safety concerns over the product.

Honeywell International, which manufactures the air-conditioning refrigerant R1234yf, has dismissed Daimler’s safety concerns over the product.

Daimler extended Zetsche’s contract by three years in February. Daimler CEO Dieter Zetsche has purchased roughly 1.15 million euros ($1.51 million) worth of company stock using the proceeds from share options granted nearly 10 years ago.

New registrations of the Mercedes SL are currently banned in France. More European Union countries could join France in blocking registrations of new Daimler vehicles using a banned refrigerant after EU governments agreed to take action against the carmaker.

The European Commission has given provisional backing to France’s decision to block the sale of most of new Mercedes-Benz cars because they contain a banned refrigerant.

The European Commission has warned Germany it faces possible action over Daimler’s refusal to remove a banned refrigerant from new cars, after France moved to block most Mercedes sales within its borders.