Prosecutors Fine Bosch 90 Million Euros For Emissions Cheating Role

[pinto + 293]

Automotive supplier Bosch has agreed to pay a 90 million euros ($100.21 million) fine for lapses in supervisory duties which enabled carmakers to engage in emissions cheating, German prosecutors in the city of Stuttgart said on Friday. The auto industry’s diesel emissions cheating scandal, where carmakers used engine management control software to throttle back real-world pollution levels during tests, was made possible with the help of Bosch technology, prosecutors said. Privately-held Bosch, the world’s biggest automotive supplier, delivered around 17 million technical devices equipped with engine management software, prosecutors said in a statement.

[rainman + 263]

I'd rather lose money than lose reputation..

[Pavel + 384]

2 minutes ago, rainman said:

I'd rather lose money than lose reputation..

Vicious circle: Bosch will recover the 90 million euros emissions cheating fine from its customers within a matter of few months and the business will continue.

[50 shades of black + 254]

Smoke and mirror - this is as a drop of water in the sea, for them. 

[ThunderBlade + 231]

7 minutes ago, rainman said:

I'd rather lose money than lose reputation..

Nothing but a slap in the hand for Bosch. Everything else will remain the same.

[damirUSBiH + 327]

So, "dieselgate" cost $ 100 million - not big deal for big players. Air pollution is a one way street, not reversible process

[francoba + 93]

All their so-called responsibility ends after they get our money ... Plus, they're cheating

[pinto + 293]

Germany’s 15 Most Valuable Brands 2018:

($ Billion)

$48.9🇩🇪SAP
$39.2🇩🇪Deutsche Telekom
$24.6🇩🇪BMW
$23.6🇩🇪Daimler
$18.3🇩🇪Deutsche Post
$15.2🇩🇪Siemens
$12.9🇩🇪Aldi
$11.8🇩🇪Adidas

$9.8🇩🇪Bosch
$8.6🇩🇪Audi
$8.2🇩🇪Lidl
$7.7🇩🇪Allianz
$7.3🇩🇪Nivea
$6.3🇩🇪Fanta
$5.7🇩🇪Porsche

(Consultancy EU)

[Douglas Buckland + 6,308]

Let me get this straight. Bosch provided a technology which carmakers utilized during the emissions testing. Nowhere in the post does it mention Bosch participating in the testing or scandal, yet they are painted with the same brush.

That is like blaming the supplier of tinting technology when some rapper 'blacks out' the windows in his Hummer! Silly.