Bosch Settles German Diesel-Engine Probe for $100 Million
- Car-parts giant’s fine follows more costly settlements by VW
- Company sold engine-control systems with illegal software
Automobile windshield wiper blade arm fittings sit on the assembly line at a Robert Bosch plant.
Photographer: Oliver Bunic/BloombergThis article is for subscribers only.
Robert Bosch GmbH agreed to pay 90 million euros ($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 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.