Daimler settles U.S. dieselgate case for $1.5 Billion

A federal judge in Washington, D.C. gave final approval to a settlement that will cost Daimler AG $1.5 billion. The find comes for violating the Clean Air Act and evading California state law by cheating on emission tests and employing unlawful defeat devices on 250,000 vehicles equipped with diesel engines.

The resolution brings to and a major enforcement action against Daimler by the U.S. Department of Justice, the Environmental Protection Agency, and the California Air Resources Board.

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.

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