US reaches $1.5 billion settlement with Daimler over emissions scandal

US prosecutors and Daimler AG have agreed on a settlement worth $1.5 billion to lay to rest the emissions cheating scandal. On Monday, the US Department of Justice (DoJ) said the deal, proposed between the DoJ, Environmental Protection Agency (EPA), California Air Resources Board (CARB), and Daimler — as well as its US subsidiary Mercedes-Benz USA — will wipe the slate clean when it comes to allegations of violating the US Clean Air Act.

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