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Bosch Settles U.S. Diesel Cheating Claims
Robert Bosch GmbH has agreed to pay $328 million to resolve claims in the U.S. that it helped Volkswagen AG rig diesel engines to evade emission standards.
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Robert Bosch GmbH has agreed to pay $328 million to resolve claims in the U.S. that it helped Volkswagen AG rig diesel engines to evade emission standards. The supplier did not admit wrongdoing.
The class-action settlement covers 2.0-liter 4-cylinder and 3.0-liter V-6 diesels used in various Audi, Porsche and VW models sold in the U.S. over the past eight years.
Bosch continues to face possible criminal charges in the U.S. and Germany. Prosecutors in both countries are investigating whether Bosch engineers actively helped VW develop illegal software that allowed the diesels to emit excessive pollution unless the engines were being tested.
The company filed the settlement yesterday with the U.S. District Court in San Francisco. Later that night VW submitted a $1.2 billion plan to the same court to resolve diesel cheating charges involving about 82,000 V-6-powered diesel vehicles.
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