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HomeBusinessTHE U.S. REACHES $1.5 BILLION SETTLEMENT WITH DAIMLER AG

THE U.S. REACHES $1.5 BILLION SETTLEMENT WITH DAIMLER AG

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Daimler AG to Conduct Nationwide Recall and Repair of Mercedes-Benz Diesel Vehicles, Pay over $945,000,000 in Penalties, Perform Projects to Mitigate Pollution, and Revamp Internal Audit Procedures.

The U.S. Department of Justice, Environmental Protection Agency (EPA), and California Air Resources Board (CARB) announced today a proposed settlement with German automaker Daimler AG and its American subsidiary Mercedes-Benz USA, LLC (collectively, “Daimler”) resolving alleged violations of the Clean Air Act and California law associated with emissions cheating.

Related:
Remarks by Deputy Attorney General Jeffrey A. Rosen on the Settlement of Clean Air Act Claims against Daimler AG and Mercedes-Benz USA LLC

The U.S. Reaches $1.5 Billion Settlement with Daimler AG Over Emissions Cheating in Mercedes-Benz Diesel Vehicles

Daimler AGLast Updated: Sep 18, 2020 6:30 p.m. CEDT
Delayed quote € 45.48 -0.92 -1.98%

Source: Justice Department  

Image by  Sang Hyun Cho  from  Pixabay

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