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Porsche Seeks 200 Mn Euro Damages From Audi Over Dieselgate: Bild

Porsche's management delivered the claim in written form to counterparts at Audi, the German newspaper Bild,said without citing its source.
Reuters
Reuters
1 min read
2017-10-07 16:37:02
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Porsche Seeks 200 Mn Euro Damages From Audi Over Dieselgate: Bild
Key Highlights
  • The German govt. had ordered a recall of the Porsche Cayenne earlier
  • Porsche wants compensation for the costs of the retrofits, legal issues
  • Audi is yet to reply to Porsche's claims

Volkswagen's Porsche brand is seeking 200 million euros ($234 million) in damages from its luxury stablemate Audi over costs related to manipulated diesel engines, Bild newspaper reported on Friday. Porsche's management delivered the claim in written form to counterparts at Audi, the newspaper said without citing its source. Audi admitted in November 2015 that its 3.0 litre V6 diesel engines used in about 80,000 VW, Audi and Porsche models were fitted with an auxiliary device deemed illegal in the United States.

The German government earlier this year ordered a recall of Porsche's Cayenne sport-utility vehicle (SUV) and prohibited registrations of the model's diesel version.

Porsche wants compensation from Audi for the costs of the retrofits, legal counselling and customer measures, Bild said.

A spokesman for Porsche said VW group-internal issues were not meant for public discussion, without elaborating. Audi declined comment and referred inquiries to Porsche.

($1 = 0.8535 euros) (Reporting by Andreas Cremer and Jan Schwartz; Editing by Douglas Busvine and John Stonestreet)

© Thomson Reuters 2017

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

# Volkswagen# Audi# Porsche# Dieselgate# Auto Industry

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