Quick Takeaways
- The settlement formally closes Mercedes-Benz’s remaining U.S. diesel emissions litigation with state authorities.
- Financial exposure is contained, with impacts already provisioned and no effect on reported earnings.
On December 22, Mercedes-Benz confirmed a Mercedes-Benz Dieselgate settlement involving a USD 120 million payment to multiple U.S. states, bringing closure to the remaining emissions-related proceedings in the country. The agreement addresses allegations linked to emissions software used in the automaker’s diesel vehicle lineup.
Mercedes-Benz Dieselgate Settlement Covers BlueTEC Claims
The Mercedes-Benz Dieselgate settlement resolves civil environmental and consumer protection claims raised by U.S. state attorneys. These claims were associated with BlueTEC diesel vehicles, which Mercedes-Benz had previously promoted as advanced low-emission models compliant with regulatory standards at the time of sale.
Emissions Software Updates and Financial Impact
As part of the settlement, Mercedes-Benz will continue implementing an approved emissions software retrofit program for affected vehicles. The company indicated that these technical measures are expected to result in additional costs amounting to tens of millions of dollars.
Despite the added expenses, Mercedes-Benz stated that the Dieselgate settlement will not affect reported earnings, as adequate financial provisions were already accounted for in prior disclosures.
- USD 120 million multi-state settlement concludes outstanding U.S. diesel emissions cases.
Mercedes-Benz Dieselgate Settlement Covers BlueTEC Claims
The Mercedes-Benz Dieselgate settlement resolves civil environmental and consumer protection claims raised by U.S. state attorneys. These claims were associated with BlueTEC diesel vehicles, which Mercedes-Benz had previously promoted as advanced low-emission models compliant with regulatory standards at the time of sale.
Emissions Software Updates and Financial Impact
As part of the settlement, Mercedes-Benz will continue implementing an approved emissions software retrofit program for affected vehicles. The company indicated that these technical measures are expected to result in additional costs amounting to tens of millions of dollars.
Despite the added expenses, Mercedes-Benz stated that the Dieselgate settlement will not affect reported earnings, as adequate financial provisions were already accounted for in prior disclosures.
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