Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2022-05-25 18:16:16| Engadget

The worlds fifth-largest automaker will reportedly soon plead guilty to end a multi-year investigation into its efforts to conceal the amount of pollution created by its diesel engines. According to Reuters, the US Justice Department and Dodge parent company Stellantis could announce as early as next week that the automaker has agreed to pay $300 million to settle allegations of crminal fraud. Stellantis declined to comment on the report.The Justice Department began investigating Stellantis around 2019 when the automaker recalled nearly 1 million vehicles in the US and Canada for not meeting federal tailpipe emission standards. As of last year, the agency has announced criminal charges for just three Stellantis employees. The probe involved approximately 100,000 Ram pickup trucks and Jeep SUVs sold in the US.The deal comes five years after Volkswagen famously pleaded guilty to its own emissions scandal. Dieselgate saw the German automaker eventually pay more than $20 billion in fines and legal settlements for installing illegal software designed to cheat government emissions tests. Since then, sales of diesel vehicles have plummeted in Europe and other parts of the world.


Category: Marketing and Advertising

 

Latest from this category

19.02Mark Zuckerberg testifies in social media addiction trial that Meta just wants Instagram to be 'useful'
19.02Dyson announces the PencilWash wet floor cleaner
18.02Gemini can now generate a 30-second approximation of what real music sounds like
18.02Cyberpunk platformer Replaced has once again been delayed
18.02Nevada sues Kalshi for operating a sports gambling market without a license
18.02Here's what to expect at Apple's product launch event on March 4
18.02Spotify debuts SeatGeek integration for concert ticket sales
18.02Google Pixel 10a vs. Pixel 9a: What's changed and which one should you buy?
Marketing and Advertising »

All news

19.02Oil prices dip as investors assess trajectory of US-Iran tensions
19.02Why there's no quick fix in sight for the problem of dazzling headlights
19.02India set to become a meaningful part of LGT biz; regulatory complexity a hurdle: Prince Max von und zu Liechtenstein
19.02Metal stocks glitter on Dalal Street, eye stronger March quarter
19.02The two farms in Senegal that supply many of the UK's vegetables
19.02Indias steel sector gears up for primary market boom in coming months
19.02Instant redemption helps lure retail investors to liquid funds
19.02Not doomsday, AI will Ring in modernisation: C S Venkatakrishnan, Barclays
More »
Privacy policy . Copyright . Contact form .