August 13, 2020

Daimler strikes $2.2 bn diesel settlements in US

Berlin (AFP) – Daimler has approved settlements worth $2.2 billion over emissions cheating software in its diesel vehicles in the US, the German carmaker said Thursday.The company has “reached an agreement in principle with various US authorities to settle civil and environmental claims regarding emission control systems of approximately 250,000 diesel passenger cars and vans in the United States,” it said in a statement.The agreement includes $1.5 billion to be paid to US authorities, plus $700 million to settle a consumer class action lawsuit.The management and supervisory¬†boards have approv…


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