Mercedes Will Pay Over $2 Billion To Settle Emissions Cases CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News Mercedes Will Pay Over $2 Billion To Settle Emissions Cases

Mercedes Will Pay Over $2 Billion To Settle Emissions Cases

Aug. 15, 2020 12:55 PM ET by Karl Furlong Industry News / 4 Comments 250,000 cars and vans in the US were implicated. Volkswagen is still trying to shake off the repercussions of the highly publicized Dieselgate scandal, whereby some of its vehicles were found to be way over the emissions limit in real-world driving. Following this, Mercedes-Benz came under fire for diesels which emitted more pollutants than required by law. Clearly, Mercedes hasn't been able to escape these allegations completely as Daimler now announced that over $2 billion will be spent on settling the US diesel settlement costs, including both civil and environmental claims against it. Approximately 250,000 diesel passenger cars and vans in the United States were implicated, including prior iterations of the C-Class, E-Class, and S-Class. Mercedes-Benz Mercedes-Benz Mercedes-Benz The statement said that "with the proposed settlements, the company takes an important step towards legal certainty with respect to various diesel proceedings in the United States." It further went on to state that the consumer class action settlement will be sent to the US District Court for the District of New Jersey where it will await approval. Earlier this year, over 200 investors sued Daimler for an amount totaling $1 billion for damages resulting from the fact that cheating devices in its cars were not disclosed. Daimler anticipates an impact on the industrial business's Free Cash Flow over the next three years and particularly over the next year. Mercedes-Benz Mercedes-Benz Mercedes-Benz Daimler and Volkswagen aren't the first companies to take a financial hit following the use of cheat devices; Fiat Chrysler Automobiles also came under fire for its EcoDiesel engine used in models like the Jeep Grand Cherokee. Daimler's latest move doesn't do much to boost the reputation of the diesel engine, which has gradually fallen out of favor as gasoline models have become more efficient and hybrids/EVs have become increasingly popular. Let's hope it's the last emissions scandal to make headlines for a while. Mercedes-Benz Mercedes-Benz Mercedes-Benz

Join The Discussion

Show Comments (4)

Gallery

9 Photos Tags: #Mercedes-Benz News #Industry News #Technology

Related Cars

Mercedes-Benz E-Class Sedan Karl Furlong Senior Editor Sweaty-palmed hot laps are fun, but Karl is a gearhead cut from a different cloth - or is that finely stitched Nappa leather? An E23 BMW 7 Series was the first car he fell madly in love with three decades ago, and this affection for Autobahn-conquering luxury sedans has persisted. Following studies in copywriting and journalism, along with stints in TV scriptwriting and marketing that had far too little to do with cars, Karl kept the fire burning by writing for automotive websites on the side, including a Florida-based auto repair shop and another for Porsche enthusiasts. It all came together when he joined CarBuzz in 2019. He has penned some of the latest news, reviews, and features ever since. Contact Karl @FuelAffection LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top