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

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

 

Why sex gets better in older age

Tech Giant Apple countersues Epic for breach of contract

The Pentagon Chooses Microsoft Over Amazon For The 10 Billion-dollar Jedi Cloud Contract

Why sex gets better in older age

EX-Wife of Amazon Jeff Bezos Mackenzie Scott is Now the World’s Richest Woman.

 

 

 

 

 

Comments


CWEB.com is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, CWEB.com relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.

Full Disclaimer

%d bloggers like this: