Daimler’s diesel emissions scandal will cost it $2.2 billion in the US

Daimler has agreed to pay $2.2 billion to settle its diesel emissions scandal in the United States. The automaker has reached an agreement in principle with US authorities, including the Justice Department and EPA. That agreement will cost the company $1.5 billion, or about €1.27 billion. The company will also pay €592 million to settle class-action litigation brought by consumers. … Continue reading