Carb Settlement Agreements

The agreement with a U.S. consumer class action lawsuit is subject to approval by the U.S. District Court for the District of New Jersey. Senate Bill 1402 (Chapter 413, Statutes of 2010) was passed as urgent legislation on September 28, 2010 and requires ARB to publish on this site transaction agreements with SB 1402 declarations of conformity. This page contains summaries of cases that have been settled instead of disputes under the Air Resources Council (CARB) Mutual Settlement Program and cases that have been resolved in civil or criminal proceedings. Related case documents may be available upon request, subject to applicable disclosure waivers under the California Public Records Act. The Management Board and the Supervisory Board of Daimler AG and Mercedes-Benz AG approved the transaction proposal after weighing all aspects in the best interests of the company. With the proposed comparisons, the company is taking an important step towards legal certainty with regard to the various diesel procedures in the United States. Daimler has informed the capital markets of the agreements in principle on compliance with disclosure obligations under the European Market Abuse Regulation (MAR).

EUR-USD exchange rate from 13 August 2020, 1 EUR = 1,183 USD. . In addition, Daimler AG and MBUSA agreed with the applicants` lawyer on the principle of challenging the “In re Mercedes-Benz Emissions Litigation” class action, pending in the U.S. District Court for the District of New Jersey. . . .