Bosch Settles Diesel-Engine Probe for $100 Million
Robert Bosch GmbH agreed to pay $100 million to end a probe by German prosecutors into rigged diesel engines, following much more costly settlements by its customer Volkswagen AG.
Bosch is being fined for “negligent breach of supervision duties,” the prosecutor’s office in Stuttgart said Thursday (May 23) in an emailed statement. The company supplied about 17 million engine-control devices to German and international automakers since 2008 that partly included illegal software functions, according to the statement.
The unlisted German car-parts giant supplied engine-control systems to VW that were used in the engines at the heart of the diesel-emissions scandal that shattered the world’s largest automaker in September 2015. It’s also involved in ongoing probes into diesel technology at manufacturers including Fiat Chrysler NV and General Motors Co.
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