Porsche hit with massive fine for cheating on emissions rules

German prosecutors have imposed a fine of €535 million on German luxury carmaker Porsche AG for neglecting supervisory obligations linked to diesel emissions cheating, they said in a statement on Tuesday (May 7th), Reuters reports.

Prosecutors in the southern city of Stuttgart said that the company’s development department had neglected its legal obligations, which ultimately led to the sale of diesel cars in Europe as well as other regions that did not comply with emissions rules. 

Porsche, a subsidiary of Germany’s biggest carmaker Volkswagen, has not appealed, they added. 

Porsche confirmed the fine and said that prosecutors’ proceedings against the company had now come to an end.

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Gary Cartwright

Gary Cartwright

Gary Cartwright is publishing editor of EU Today. 

An experienced journalist and published author, he specialises in environment, energy, and defence.

He also has more than 10 years experience of working as a staff member in the EU institutions, working with political groups and MEPs in various policy areas.

Gary's latest book WANTED MAN: THE STORY OF MUKHTAR ABLYAZOV: A Manual for Criminals on How to Avoid Punishment in the EU is currently available from Amazon 

https://www.amazon.co.uk/WANTE...

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