Following the arrest last month of Porsche’s head of powertrain development Joerg Kerner, Porsche faces an astronomical $598 million fine as punishment for the company’s role in the diesel emissions cheating scandal that has played out over the last few years. Prosecutors in Stuttgart on Tuesday argued that the company had neglected legal obligations, which led to diesel automobiles reaching consumers that emitted far more pollution than advertised or displayed in testing.
This fine for Porsche follows a 1 billion euro penalty for Volkswagen, and a judgement of 800 million euro levied against Audi last year. U.S. Environmental Protection Agency authorities made Volkswagen’s emissions cheating public in late 2015, and in the years since Volkswagen Group has been issued over 30 billion euros in penalties and fines.
Porsche sold diesel-powered versions of the Cayenne and Panamera which made use of Volkswagen’s V6 TDI engine. German prosecutors have taken action against individual engineers involved as well as the companies and their lack of oversight as managers did not take appropriate steps to prevent the heavily polluting cars from leaving the factory.
Porsche has not made an appeal against the findings, and Porsche has essentially said the matter has run its course.
View Comments (6)
So...about two Speedsters with Heritage Package? Doesn't seem like a huge sum...
That ninjaedit didn't take long.
The headline says $600,00 but the story says $598,000,000. I believe the story, not the headline.
Thank You to VW for crushing any diesel power vehicles in the US.
I am with you on that . They have killed Mercedes , BMW , along with Porsche and Volkswagen diesel vehicles . What a price, not the fines, but the loss of the best ,in all senses, use of fossil fuels , a diesel engine for the propulsion of our cars, suv's and trucks. Now we have to use more fuel to feed bigger power plants to meet our needs at even greater expense and most likely more pollution
You have to think that the "smart people" involved thought that they were smarter than the rest of society a false thought.
A old saying that my fathers accountant said to him when i was teenager which i still recall today, "there is always someone smarter than yourself and always someone dumber"