Business

Daimler says to pay 870 mn euro fine over diesel recalls

German car giant Daimler said Tuesday it will not contest an order from Stuttgart prosecutors to pay an 870 million euro ($957 million) fine over hundreds of thousands of diesel vehicles that breached emissions rules.

Automotive

VW settles Australia emissions cheating scandal

Volkswagen has agreed to pay up to Aus$127 million ($87.3 million) to settle multiple class action suits brought by Australian motorists over a diesel emissions cheating scandal, the parties' lawyers said Monday.

Energy & Green Tech

End of the road for traditional vehicles? Here are the facts

New sales of petrol and diesel cars will be banned by 2040 in the UK, which has since been joined by France. Sweden and Scotland will impose the ban by 2032, and Norway by 2025. Coupled with increasing concern over the carcinogenic ...