Mercedes-Benz's parent company, Daimler AG, has agreed to pay $1.5 billion in penalties and settlements to US and California state regulators in order to resolve allegations that its vehicles were rigged to cheat on diesel emissions tests.
"We set another important milestone for the electrification of our future electric vehicles," Wilko Stark, who oversees procurement and supplier quality on the board of Mercedes-Benz Cars, said.
Tesla will start the European rollout of its Model 3 in February, putting pressure on German premium brands that have seen the Model S outsell flagship sedans such as the Mercedes-Benz S class.
Sitting in Mercedes' motor home in the sweltering Sepang paddock a couple of hours after the denouement to yesterday's last ever Malaysian Grand Prix, Lewis Hamilton was clearly struggling to process his emotions from what had been a topsy turvy weekend.
