DaimlerChrysler Settles Emission Charges For $1.2M

Law360, New York (April 2, 2007, 12:00 AM EDT) -- DaimlerChrysler AG has agreed to pay $1.2 million to settle charges that it didn’t immediately notify the Environmental Protection Agency about emission defects in certain Mercedes-Benz vehicles.

According to a consent decree that was approved Sunday by Judge Henry H. Kennedy of the U.S. District Court in Washington D.C., DaimlerChrysler violated the Clean Air Act by not handing in a timely emission defect information report.

“Implementation of this consent decree will avoid prolonged and complicated litigation between the United States and Mercedes-Benz,” Judge Kennedy wrote. “This...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.