Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » Stellantis unit to pay $4.2 million to resolve California emissions probe By Reuters
    News

    Stellantis unit to pay $4.2 million to resolve California emissions probe By Reuters

    userBy user2024-12-24No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    [ad_1]

    By David Shepardson

    (Reuters) -Stellantis unit FCA US agreed to pay $4.2 million to resolve a California investigation into excess emissions, the state said on Monday.

    The California Air Resources Board (CARB) said the vehicles covered by the settlement for violations of air quality regulations include 2014 through 2016 Ram ProMaster 1500, 2500 and 3500 vehicles equipped with 3.0L diesel engines.

    The state said the vehicles had an unapproved device that circumvented emissions control and resulted in nearly 55 tons of excess oxides of nitrogen being released into the air. Stellantis (NYSE:) in 2022 paid a $5.6 million settlement to California for similar allegations involving gas-powered vehicles.

    Stellantis did not immediately respond to a request for comment. The company agreed as part of the settlement to recall the vehicles to modify the emission control system to be compliant with state regulations.

    The settlement includes a more than $2 million civil penalty that will go to the state’s Air Pollution Control Fund and $2.1 million that will fund a project to provide incentives for ocean-going cargo vessels to slow down in certain areas during peak whale and ozone seasons to provide wildlife and air quality benefits.

    © Reuters. FILE PHOTO: The logo of Stellantis is seen on the company's building in Velizy-Villacoublay near Paris, France, March 19, 2024. REUTERS/Gonzalo Fuentes/File photo

    In a separate federal emissions probe, FCA US in June 2022 pleaded guilty to criminal conspiracy and agreed to pay about $300 million in a plea agreement to resolve a U.S. Justice Department diesel emissions fraud investigation.

    In 2019, California settled with FCA over allegations it used “defeat device software” to circumvent emissions testing on more than 100,000 diesel vehicles nationwide. California received more than $78 million of the $500 million settlement.



    [ad_2]

    Source link

    Share this:

    • Share on Facebook (Opens in new window) Facebook
    • Share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleSalesforce EVP Reddy sells shares worth $22,085 By Investing.com
    Next Article Are these areas of the stock market in a bubble as we approach 2025?
    user
    • Website

    Related Posts

    TGI Group Inc. and AMIRON GROUP Announce Strategic Alliance for Green Digital

    2026-03-12

    Should I buy Rolls-Royce shares after the 9% dip?

    2026-03-12

    This critical stock market indicator’s flashing red! Should investors be worried?

    2026-03-12
    Add A Comment

    Leave a ReplyCancel reply

    © 2026 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d