Automaker Daimler AG and subsidiary Mercedes-Benz USA have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations, officials say.
FILE - In this June 23, 2015 file photo a van is pictured in a light tunnel at the Mercedes-Benz automobile plant in Ludwigsfelde, near Berlin. Daimler did present figures on Wednesday, April 29, 2020.
The settlement, which includes civil penalties, will also require Daimler to fix the vehicles, officials said. In addition, the company will pay $700 million to settle U.S. consumer lawsuits. The company said it is not obligated to buy back the vehicles, as Volkswagen was, nor will it have an independent monitor to track its progress on the settlement. “By resolving these proceedings, Daimler avoids lengthy court actions with respective legal and financial risks,” the company said.
The letters will have details of the civil lawsuit settlement including a claim form, Daimler said. Separately, the company will pay attorneys fees of around $83 million. Deputy Attorney General Jeffrey Rosen said the cost of the Daimler settlement is likely to send a message to deter other companies from engaging in similar conduct.
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