Daimler will settle its diesel emissions cheating scandal with the US for over $2 billion
Daimler, the parent company of Mercedes-Benz, is paying over $2 billion to make its own diesel emissions cheating scandal go away in the United States.
The company announced on Thursday that it has reached a $1.5 billion settlement with US authorities, including the Environmental Protection Agency, the California Air Resources Board, the Justice Department’s Environment and Natural Resources Division, the California Attorney General’s Office, and the US Customs and Border Protection, winding up a four-year probe that kicked off following Volkswagen’s Dieselgate scandal. Daimler has also settled a separate class action lawsuit from vehicle owners to the tune of $700 million, including attorneys’ fees.