HELSINKI/WASHINGTON, May 18 (Reuters) – Truckmaker Volvo Group on Monday agreed to a $197 million settlement with the California Air Resources Board over alleged violations of the state’s heavy-duty engine regulations. The settlement resolves allegations that Volvo failed to properly disclose auxiliary emission control devices in over 10,000 of its 2010-2016 model year heavy-duty engines in California that resulted in emissions in excess of …
The Volvo Group has reached a settlement with the California Air Resources Board, California's environmental agency. The reason is deficiencies in emission controls on certain truck engines. The settlement will cost Volvo nearly 2 billion kronor.