Business Maverick: Mercedes-Benz Settles U.S Diesel Cheating Case for $1.5 Billion

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 84%

United States News News

United States United States Latest News,United States United States Headlines

German automaker Daimler AG and its American subsidiary Mercedes-Benz USA LLC agreed Monday to settle alleged violations of U.S. and California emission rules totaling $1.5 billion in penalties and other costs, according to an agreement filed in federal court.

The Environmental Protection Agency and Department of Justice filed the proposed settlement in U.S. District Court for the District of Columbia, in the latest instance of U.S. regulators bringing down the hammer on alleged emissions cheating in the auto industry.

“When something ends up costing a manufacturer $1.5 billion, we would anticipate that has deterrent effects on other automakers as well,” Deputy U.S. Attorney General Jeffrey Rosen said during a virtual press conference on Monday afternoon with EPA Administrator Andrew Wheeler. The U.S. government’s complaint alleges Daimler failed to disclose emissions devices to U.S. regulators in its Mercedes Sprinter vans and various passenger vehicles from 2009 to 2016. The devices caused vehicles’ emissions control systems to perform one way during testing, and another way when consumers were behind the wheel.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Gilead in Advanced Talks for Immunomedics, Bid More Than $20 BillionGilead Sciences Inc. will acquire Immunomedics Inc. for about $21 billion cash to add breast-cancer treatments, the companies said in a statement.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Tanzania, Uganda Agree Profit Sharing for Planned Crude PipelineTanzanian President John Magufuli said he agreed with his Ugandan counterpart on the sharing of profit from a jointly-planned $3.5 billion crude-export pipeline.
Source: dailymaverick - 🏆 3. / 84 Read more »