- The European Court of Justice (ECJ) has ruled that Mercedes Benz Group MBGYY should pay compensation for unauthorized shutoff devices in diesel cars, if the buyer has been damaged.
- The case was brought to a court in Ravensburg, Germany, by the purchaser of a used Mercedes whose exhaust gas recirculation system operated within a temperature range but reduced recirculation in lower temperatures, leading to raised nitrogen oxide emissions, reported Reuters.
- The German court had asked ECJ if the purchaser had a right for compensation under EU law.
- Also Read: German Court Says Volkswagen's Emission Software is Faulty
- The ECJ, in its reply, said the vehicle owners had the right to such compensation, which has to be upheld by the member states.
- Germany's federal court, which had previously rejected the claim for damages, has scheduled a follow-up hearing for May 8.
- Price Action: MBGYY shares closed higher by 0.60% at $18.54 on Monday.
- Photo Via Company
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in