Skip to main content

Bosch Reportedly Settling its Role in TDI Emissions Scandal for $300 Million

German auto supplier Robert Bosch GmbH has been silent about its role in Volkswagen diesel emissions cheating, but may be settling a lawsuit for more than $300 million with U.S. owners.

The disclosure comes from a reportedly informed confidential source, as the outcome of a 2015 suit by VW owners claiming it helped design VW’s “defeat device” software used to inaccurately meet U.S. emissions rules. The company was a “knowing and active participant” in Volkswagen’s fraud, the lawsuit claimed. Bosch has dismissed the claims as being “wild and unfounded.”

A Bosch spokesman declined to comment on the settlement.

The prosecutor’s office is still investigating Bosch for the role it played in the emissions fraud, a spokesman said. The office is pursuing an investigation against “unnamed persons,” according to Reuters.

U.S. prosecutors in the U.S. Justice Department have been investigating whether Bosch conspired with Volkswagen to engineer diesel cars that would cheat U.S. emissions testing, according to two people familiar with the matter. That was reported by Bloomberg in September.

Reuters reported in 2015 that the Justice Department was also investigating Bosch’s involvement in the diesel emissions cheating scandal.

In April, Bosch said it had set aside 650 million euros ($677 million) for potential legal costs.

VW has a much larger reserve to keep. To date, the automaker has agreed to spend up to $16.5 billion to close the scandal, including payments to dealers, states, zero emissions vehicle programs, and attorneys representing owners. That total may increase as VW soon settles a deal on buybacks or fixes for another 80,000 polluting U.S. diesel 3.0 liter Porsche, Audi and VW vehicles.

[source: Reuters]

This article first appeared on hybridcars.com

The post Bosch Reportedly Settling its Role in TDI Emissions Scandal for $300 Million appeared first on VWVortex.



from VWVortex http://ift.tt/2hWlBI0
via IFTTT

Comments

Popular posts from this blog

Project SportWagen: Going Stage 2 with APR

    When we last left you, the humble little SportWagen was fresh from the development process with our friends at AWE Tuning, sporting a new downpipe, exhaust and intake, allowing things to breathe a bit easier.  The car sounded great, but there was no getting around the fact that our wagon was still quite, well, slow.   While we realize that nothing we do to the Golf SportWagen at this point will make it a race car, we still felt compelled to do something .  To put it bluntly, we had a fever, and the only cure was more power. Flash forward a few hours, and we found ourselves at Waterfest, staring down APR’s palatial spread and the numerous tuned vehicles surrounding it.  Earlier in the year, APR had hinted to us that their 1.8 TSI files would be quite impressive, and based on what they were able to do with the 2.0 TSI found in the new GTI and our time in their Golf R, we knew it’d be worth the wait.  So with this in mind, we lined our G...

Volkswagen Group Records Best Ever First-Half-of-Year Sales

With 5.5 million vehicles in customer hands after the first six months of 2018, the Volkswagen Group is seeing the best performance of its history. Group deliveries increased significantly in all core regions,” said Fred Kappler, head of sales for the Group. “Our core brands recorded strong growth in the first half year.” For the year-to-date, all of Volkswagen’s brands had sales bumps. MAN, SEAT, and Skoda led the sales charge with performances 24%, 17% and 11% better than the previous year. The big sellers, too, had strong sales periods, with Volkswagen Commercial Vehicles, Audi, and Volkswagen sales rising 3.5%, 4.5% and 6.3% respectively. That last figure is particularly good new for the board, since Volkswagen alone sold more than 3 million vehicles in the first half of 2018. As Kappler stated, the numbers are equally good when you break sales down by region. Brazil and Russia were the most improved markets (22% and 20%, respectively), while strong sales in Europe and China (u...

Project Golf SportWagen- Intro

I’ve never really been one for SUVs and crossovers.  The current offerings aren’t the body-on-frame, go-anywhere specialty tools I remember from my youth, and what they lack in capability, they also lack in on-road performance. The current crop isn’t terribly good at handling or being efficient, which in my opinion are major components of our ideal driving experience.  So when it comes to space or utility, I usually look for something of the wagon variety- and it seems that I’m not alone. We hit quite a few shows around the east coast each summer, and we see modified Jetta SportWagens at nearly every event. Even amongst common consumers, these cars are highly sought-after. They don’t depreciate much, making even early Mk 5 2.5 versions expensive in comparison to other Jettas or Golfs of the same vintage. This year, Volkswagen launched their latest SportWagen, which is now billed as a Golf.  In many ways, this latest SportWagen is the best yet and it has certai...