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Volkswagen re-passed diesel emissions penalty; Porsche was fined 500 million euros by Stuttgart prosecutors

2024-11-17 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)05/08 Report--

On May 7th local time, German prosecutors summoned the head of Porsche, a sports car maker owned by Volkswagen, and imposed a fine of 535 million euros. As a regulatory penalty for negligence, Porsche was previously found to have cheated in diesel emissions tests.

German prosecutors say Porsche's research and development department flouted the authority and obligations of the law and eventually caused the company to sell diesel engine models that emitted more than the legal limit. Prosecutors said Porsche had not appealed against the prosecution's findings and explained that the fine imposed on Porsche would not hinder civil lawsuits against the company in connection with diesel emissions fraud.

His predecessor, CEO Winterkorn, resigned after Volkswagen was punished for emissions fraud in the United States in 2018, which triggered a series of disturbances at Volkswagen. Audi, a subsidiary of Volkswagen, was fined 800m euros by German Munich prosecutors after Volkswagen paid a total of 30 billion.

In addition to the public panic about diesel models caused by Volkswagen's emission doors, other European and American companies have also made false statements on the fuel consumption labels of their cars. From the perspective of consumers, the choice of the brand model is a high degree of affirmation of the company's quality and corporate social responsibility. Misreporting excessive fuel consumption and emissions not only increases the economic burden on consumers, but also reduces the credibility of enterprises in society and damages their image.

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