June 14, 2018 / 12:13 PM / 5 days ago

Stuttgart prosecutors mull fines against Bosch, Porsche, Daimler

FRANKFURT (Reuters) - Daimler, Porsche (VOWG_p.DE) and Bosch [ROBG.UL] may face a probe for regulatory offences related to potential emissions cheating, the Stuttgart prosecutors’ office said on Thursday, a day after Braunschweig prosecutors fined Volkswagen 1 billion euros ($1.2 bln) for the same violation.

The Mercedes-Benz logo is seen before the company's annual news conference in Stuttgart, Germany, February 4, 2016. REUTERS/Michaela Rehle

Braunschweig fined VW for regulatory infringements, criticizing organizational deficiencies that failed to prevent unauthorized software from being installed in 10.7 million VW cars between 2007 and 2015.

Stuttgart prosecutors, who are responsible for probing carmakers and auto suppliers with headquarters in Baden-Wuerttemberg, have already launched diesel-emissions probes against known and unknown employees at Daimler, Porsche and auto supplier Bosch.

Upon being asked whether an “administrative order” is being considered as part of the diesel probes, the Stuttgart prosecutor’s office said: “In all these proceedings it is possible that a regulatory offence procedure will be carried out, we are still evaluating this possibility.”

($1 = 0.8527 euros)

Reporting by Ilona Wissenbach; Writing by Edward Taylor; Editing by Arno Schuetze

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below