Daimler closes Dieselgate in US with 1.5 billion deal

The agreement between the American justice system and Daimler for Dieselgate is defined. A federal judge on Tuesday approved a $ 1.5 billion deal to close an undeclared software document that would allow more than 250,000 vehicles of the Frankfurt-based manufacturer in the United States to emit more diesel pollution.

The agreement with the U.S. Department of Justice and the California Atmospheric Board, announced in September, includes $ 875 million in civil fines under the Clean Air Act, an additional $ 70 million in fines and $ 546 million in the repatriation of polluting vehicles. 

Anexo plc (LON:ANX) is a specialist integrated credit hire and legal services group focused on providing replacement vehicles to consumers who have been involved in a non-fault accident.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Anexo Group plc

More articles like this

Anexo Group plc

Investment continuing to pay off

Ahead of today’s AGM, Anexo has issued a confident trading statement covering the first four months of FY22. The update follows last month’s announcement of strong FY21 results, including a 53% growth in pre-tax profit to

Anexo Group plc

“Never events” and the NHS

The rising number of ‘never events’ The past few years have proven tough for the NHS, but the health service has remained in place, doing the best it can to care for and support the country.

Anexo Group plc

Will we see Dieselgate 2.0?

The modern indication of a scandal is to add the term “gate” to the end of the problem. In the NFL, we’ve seen Deflategate, which involved Tom Brady, the New England Patriots, and deflated footballs. In

Anexo Group plc

Confident trading update and increased debt facilities

Following a strong January trading update and forecast upgrades, Anexo has issued a confident trading statement ahead of its 2021 full-year results announcement on 11 May. Trading is in line with management’s expectations. Continued focus on

Anexo Group plc

Anexo Group sees improvement across all business areas

Anexo Group plc (LON:ANX), the specialist integrated credit hire and legal services provider, has provided the following pre-close trading update for the year ended 31 December 2021 ahead of the release of its FY-2021 Final Results on 11th