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Porsche needs to pay half a billion Euro fine

The public Prosecutor's office imposed the penalty against the auto manufacturer for negligent violations of the duty of supervision in the development Departm

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Porsche needs to pay half a billion Euro fine

The public Prosecutor's office imposed the penalty against the auto manufacturer for negligent violations of the duty of supervision in the development Department.

The Stuttgart public Prosecutor has because of diesel scandal against Porsche, a fine in the amount of 535 million euros imposed. The investigators have observed in terms of Diesel emissions, in 2009, to a negligent violation of the duty of supervision in a development Department to VW subsidiary. The public Prosecutor's office announced on Tuesday.

The breach of this duty of supervision have led to Porsche vehicles with V6 and V8 diesel engines could not meet the exhaust requirements. For some 99 000 vehicles notices issued by the Federal motor transport would be available. Porsche has not filed an appeal. Thus, the imposition of a fine is effective. Is not completed the diesel scandal for Porsche: in July 2017 initiated investigation proceedings against individual employees of the Porsche AG will continue to run.

The amount of the penalty is made up of two Parts: The larger part of 531 million has to pay for the Porsche, so that economic benefits in connection with the exhaust gas manipulation can be skimmed off. The smaller sum of four million euros is attributable to the prosecution of the offense. Porsche itself does not manufacture diesel engines, but is this from the sister brand Audi.

Porsche is not the first car maker that has to pay because of the exhaust gas scandal. Against the parent company, Volkswagen, has been imposed for manipulation in Germany a fine of one billion euros. Also, Audi had to pay 800 million euros penalty.

The Stuttgart public Prosecutor's office had also started a penalty procedure against Daimler because of a possibly illegal defeat device. The manufacturer a penalty in the amount of three-digit million amount, threatens, as in February it became known. In comparison to the Wolfsburg-based group-VW, of the illegal Act, at least in the USA, has resisted, protested, Daimler, so far, to have not violate laws.

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