EPA slaps manufacturer of car exhaust cheat devices with $2.9-million fine [Los Angeles Times (CA)]
Cummins Inc. (CMI)
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Source: Los Angeles Times
The company has agreed to pay a $2.9-million fine to settle these claims. The maker of a popular line of vehicle tuning gadgets and software has agreed to pay the U.S. Environmental Protection Agency $2.9 million after the regulator accused the company of selling performance-boosting equipment that enabled customers to bypass air pollution laws. COBB Tuning, an Austin, Texas.-based company, produced and sold aftermarket accessories at several retail stores, including a former location in Fountain Valley. Since 2015, the company has sold 90,000 illicit products, including exhaust systems that enabled vehicles to bypass pollution-stripping catalytic converters and software that augmented engine combustion, the EPA said. These so-called “defeat devices” resulted in the release of smog-forming emissions and other pollution above federal standards. The EPA has ordered COBB Tuning to destroy the remaining inventory of these products and inform customers that these devices violate fed
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CMI
Earnings
- 8/1/24 - Beat
CMI
Sec Filings
- 9/13/24 - Form 4/A
- 9/12/24 - Form 4
- 8/27/24 - Form 4
- CMI's page on the SEC website