Porsche, builder of SUVs (but also some sports cars), wasn’t eager to draw out the nearly four-year-long diesel emissions scandal any longer. The automaker has agreed to fork over a third bundle of cash to rid itself of the scandal foisted on the brand by its Volkswagen AG parent company.
Well, that’s not entirely correct. German prosecutors are still probing VW Group brass, both current and former, but the mechanical and regulatory side of Porsche’s involvement will pass into history after it pays $599 million. (Read More…)















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