Under the settlement terms, the carmaker is required to pay $120m upfront to the coalition of states, of which $13.53m is ...

It’s the latest in a decade-long scandal involving accusations that software “defeat devices” made diesel vehicles seem cleaner than they were.

Mercedes-Benz agreed to pay nearly $150 million to customers and U.S. states to settle claims that it cheated government ...

Benz Group AG MBGYY has agreed to a $149.6 million claim settlement with the United States to resolve a long-running probe tied to allegations of diesel emission cheating. The settlement officially ...

ICYMI: Volkswagen halts all exports of the ID. Buzz to the U.S. Mercedes settles with US for $150 million over ...

Mercedes-Benz has reached a $120 million multi-state settlement to resolve lingering civil claims tied to emissions software ...

This article first appeared on GuruFocus. Mercedes-Benz (MBGAF) is drawing another line under its diesel emissions troubles, agreeing to pay nearly $150 million to settle claims brought by U.S. states ...

A landmark legal battle is set to begin at the High Court on Monday, as five major car manufacturers are accused of cheating on emissions tests. The trial marks a significant development in the ...

A Bosch parking lot sits above the motorway in Stuttgart, Germany on August 30, 2009. (Mike Haller, CC-BY 2.0, via Flickr) SAN FRANCISCO (CN) — Bosch, an auto parts supplier for Volkswagen, beat civil ...

WASHINGTON (Reuters) - A federal judge allowed most claims against Daimler AG to move forward in a 2016 lawsuit by vehicle owners that claims the German automaker's Mercedes diesel vehicles used ...

WASHINGTON (Reuters) - Volkswagen AG said on Thursday it has agreed to pay $157.45 million to settle environmental claims from 10 U.S. states over its excess diesel emissions, as the world's largest ...