• Former Volkswagen CEO to face charges of organized commercial fraud

    Former Volkswagen CEO to face charges of organized commercial fraud

    Former Volkswagen Chief Executive Martin Winterkorn will face charges of conspiracy to commit organized commercial fraud with a high likelihood of conviction, a court probing the carmaker’s diesel emissions scandal said on Wednesday. A court in Braunschweig, Germany, near where Volkswagen is headquartered, expanded the list of charges beyond fraud to include organized commercial fraud, …
  • Amazon orders 1,800 Mercedes-Benz electric vans for European deliveries

    Amazon orders 1,800 Mercedes-Benz electric vans for European deliveries

    Amazon.com Inc said on Friday it had ordered 1,800 electric vans from Mercedes-Benz for its European delivery fleet, as part of the online retailer’s plans to run a carbon neutral business by 2040. A majority of the electric vehicles from Daimler AG’s car and vans division will go into service this year, the company said, …
  • Mercedes-Benz maker to pay $2.2B to settle US diesel emissions claims

    Mercedes-Benz maker to pay $2.2B to settle US diesel emissions claims

    Daimler, the maker of Mercedes-Benz cars, says it has reached an agreement in principle to settle US claims over emissions from its diesel vehicles for over $2.2 billion. The Stuttgart, Germany-based automaker said late Thursday that the agreement with various US authorities concerns civil and environmental claims involving about 250,000 diesel cars and vans. The …
  • Coronavirus pandemic could lead to biggest carbon emissions drop since World War II

    Coronavirus pandemic could lead to biggest carbon emissions drop since World War II

    Without additional structural reform, however, these changes will likely have little long-term impact. The sweeping halt of economic activity around the world has governments scrambling to provide adequate relief for vulnerable industries and people.  But one silver lining is emerging from this economic freeze: carbon emissions are down. And scientists estimate that they could fall …