Daimler reaches agreements in principle to settle regulatory ($1.5B) and civil ($700M) proceedings in the US regarding diesel emissions
Green Car Congress
AUGUST 15, 2020
Daimler AG and MBUSA have also reached an agreement in principle with plaintiffs’ counsel to settle the consumer class action “In re Mercedes-Benz Emissions Litigation,” which is pending before the US District Court for the District of New Jersey. For the settlements with the US authorities, Daimler expects costs of approx.
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