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Current Porsche AG Press releases
Administrative offense proceedings against Porsche AG concluded
Important step to end the diesel topic
Stuttgart
. The Stuttgart Public Prosecutor's Office today issued a fine notice against
The fine notice provides for a fine totaling EUR 535 million, consisting of a penalty in the amount of EUR 4 million for a negligent breach of duty by
According to the investigation results of the Stuttgart Public Prosecutor's Office negligent breaches of supervisory duties occurred in a department of the division for development several levels below the executive board in the exhaust gas-related testing of vehicles in relation to their regulatory conformity. According to the Stuttgart Public Prosecutor's Office, the violations of supervisory duties were contributory to partial deviations of
A provision was formed at Volkswagen Group level already in the first quarter of this year for the potential risk of payment obligations from the fine notice.
Further information, film and photo material in the
5/7/2019
Further information and pictures for journalists and media representatives can be found on the