Friday 6 October 2017

Report: Porsche Asks Audi for $235 Million to Cover Dieselgate Costs

Since Volkswagen Group owns Volkswagen, Audi, and Porsche, it would be easy to assume that all three companies feel like they’re in this ongoing diesel scandal together. But it sounds like Porsche is far from happy that it has been dragged into this mess. Its solution? Ask Audi to pay for everything.

Citing the German newspaper Bild, Reuters reports that Porsche wants its sister automaker to cover the cost of the diesel emissions scandal. Audi’s 3.0-liter diesel V-6 was programmed to illegally cheat emissions tests and was used in around 80,000 Volkswagens, Audis, and Porsches, including the Cayenne SUV. Since Audi developed the engine, Porsche reportedly wants to be compensated for the cost of fixing the affected vehicles, offers it made to appease customers, and payments to lawyers.

According to the report, that comes to about €200 million, or $235 million at the current exchange rate.

Whether Audi will actually pay to cover the cost of Porsche dealing with the scandal, though, still remains to be seen. It appears that Porsche has made an official request for compensation but has not filed a lawsuit to force payment, nor is it clear what Porsche will do if Audi refuses. We contacted Porsche for a confirmation of the story and more information, but we have yet to receive a response.

Source: Reuters

The post Report: Porsche Asks Audi for $235 Million to Cover Dieselgate Costs appeared first on Motor Trend.



from Motor Trend http://ift.tt/2gii3Ra
via

No comments:

Post a Comment