Michael Balsamo and Tom Krisher

Government, Business, Fuel

Daimler AG to Pay $1.5 Billion to Settle Emissions Cheating Probes

Daimler AG will pay $1.5 billion to settle emissions cheating probes. Jeff Clark, assistant attorney general for the Environment and Natural Resources Division, speaks during a news conference in Washington on Sept. 14. (Susan Walsh/Associated Press)

Automaker Daimler AG and subsidiary Mercedes-Benz USA have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations, officials said Sept. 14.

September 14, 2020