Wednesday, September 30, 2020
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U.S. confirms it will unveil Daimler diesel emissions cheating settlement

Daimler is set to pay an $875 million civil penalty for violating U.S. clean air laws as part of a $1.5 billion settlement with U.S. and California regulators over excess diesel emissions in passenger vehicles and vans, two people briefed on the matter said.

The German automaker and parent of Mercedes-Benz disclosed on Aug. 13 it had reached a settlement in principle resolving civil and environmental claims tied to 250,000 U.S. diesel cars and vans after the automaker used software to evade emissions rules.

Daimler said in August expected costs of settlements with U.S. authorities would total $1.5 billion, settling with owners will cost about $700 million and also disclosed “further expenses of a mid three-digit-million EUR (euro) amount to fulfill requirements of the settlements.”

(Production: Aleksandra Michalska)

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