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