Automaker Daimler AG and its subsidiary, Mercedes-Benz, have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations.
Volvo has detected that an emissions control component used in certain markets with stringent emissions standards is degrading more quickly than expected.
The U.S. federal government recently rolled out a proposal to freeze automotive fuel economy and greenhouse gas standards, and a former EPA exec disagrees with the move.
The Trump administration on Thursday revealed its plan to roll back Obama-era standards meant to cut emissions from tailpipes and boost fuel efficiency in cars and trucks sold in the U.S. in the coming years.
