Mercedes-Benz has settled with a coalition of US states for $149.67m, ending an investigation into diesel emissions manipulation. The software allegedly allowed higher pollution during normal driving. New York Attorney General Letitia James led the probe, resulting in a settlement that holds Mercedes accountable. The company marketed diesel models as environmentally friendly, but they released more pollution than permitted. Mercedes must pay $120m upfront to the states, with additional fines based on bringing affected vehicles into compliance. The settlement also includes compensation for qualifying owners and lessees. Mercedes faces restrictions on selling diesel models with emissions software and must provide regular reports to state regulators.

Read more at Yahoo Finance: Mercedes-Benz to pay $149.6m in US diesel emissions settlement