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Volkswagen unit Porsche to pay 535 million euro fine over diesel cheating

Reuters Tuesday, 7 May 2019
German prosecutors imposed a 535 million euro ($598 million) fine on German luxury carmaker Porsche AG, a unit of Volkswagen, as punishment for lapses in supervisory duties which allowed the company to cheat diesel emissions tests.
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News video: Porsche to pay 535 mln euro fine over diesel cheating

Porsche to pay 535 mln euro fine over diesel cheating 01:04

German prosecutors imposed a 535 million euro ($598 million) fine on German luxury carmaker Porsche, a unit of Volkswagen, as punishment for lapses in supervisory duties which allowed the company to cheat diesel emissions tests. Edward Baran reports.

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