Porsche served $598M fine in Germany over diesel scandel

German regulators fined Porsche $598 million on Tuesday for their involvement in the widespread VW diesel scandal. Porsche said Tuesday it will not appeal the decision, which effectively closes another chapter in the VW Group’s massive diesel scandal that broke four years ago. The fine includes a $4.47 million portion for Porsche’s “negligent breach of duty.” 2015 Porsche Cayenne Diesel The investigation found some supervisors “several levels below” executive positions were negligent in testing internal-combustion engines for compliance. Porsche underscored that it never developed its own diesel engines, laying blame…

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