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Germany's Bosch to pay $131 million to settle U.S. diesel emissions claims

Reuters  |  WASHINGTON 

By David Shepardson

WASHINGTON (Reuters) - German auto supplier [ROBG.UL] will pay around $131 million to settle claims from NV U.S. diesel owners and resolve all investigations by 47 U.S. state attorneys general into its involvement with diesel vehicles.

Bosch and its U.S. unit must pay $98.7 million to 47 states, the and and Guam, and $27.5 million to 104,000 Fiat Chrysler diesel owners.

Bosch is also making a $5 million payment to a state attorneys general group.

Bosch said in a statement that it neither accepts liability nor admits to any allegations but agreed to the settlement with the states to "avoids lengthy and costly proceedings."

Bosch must "refuse to accommodate requests for and programming that could result in the installation of defeat device software," the said as part of the settlement.

The supplier "enabled" the cheating and should have known its customers would use the software improperly, the office added.

(Reporting by David Shepardson; Editing by and Phil Berlowitz)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 11 2019. 01:28 IST
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