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

17.01The plan for a gaming-themed Atari hotel in Las Vegas has reportedly been scrapped
17.01Amazon's live-action God of War adaptation adds Teresa Palmer
17.01TikTok's latest spinoff app feels a lot like Quibi, but with shorter and cornier content
17.01Elon Musk is looking for a $134 billion payout from OpenAI and Microsoft
17.01California AG sends cease and desist to xAI over Grok's explicit deepfakes
17.01How to pair AirPods with any device
17.01How to cancel CyberGhost and get a refund
17.01Papers Please but with zombies, a farming-based shoot-'em-up and other new indie games worth checking out
Marketing and Advertising »

All news

18.01At one time, Illinois was a top oil producer. Today, that legacy is a $160M problem.
18.01Ahead of Market: 10 things that will decide stock market action on Monday
18.01Today in Chicago History: Motorman ignores red light causing head-on train collision that kills 7 near Gary
18.01BCCL IPO boosts confidence as Coal India weighs more subsidiary listings: CMD
18.01Mcap of 3 of top 10 most valued firms jumps by Rs 75,855 cr; SBI, Infosys biggest winners
18.01What do Trumps Greenland tariff threats to NATO allies mean for gold, silver and Dalal Street?
18.01UCO Bank Q3 profit rises 16% YoY to Rs 739 crore
18.01Market participants seek equity tax relief ahead of Budget
More »
Privacy policy . Copyright . Contact form .