Automobiles Peugeot S.A., a wholly owned subsidiary of Stellantis N.V., is now under investigation by the Judicial Court of Paris on allegations of consumer fraud in connection with the sale of Euro 5 diesel vehicles in France between 2009 and 2015. Two other subsidiaries of Stellantis, Automobiles Citroën S.A. and FCA Italy S.p.A, have also been ordered to appear before the Judicial Court of Paris today 10 June and in July as part of the same investigation.
Automobiles Peugeot S.A. will have to pay a bail of 10 million Euros (of which 8 million for the potential payment of damages and fines and 2 million to ensure the company’s representation in court) and will have to provide a bank guarantee of 30 million Euros for the potential compensation for losses. Automobiles Peugeot S.A. is also now assessing its defense options in this respect.
“The companies firmly believe that their emission control systems met all applicable requirements at the relevant times and continue to do so and look forward to the opportunity to demonstrate that,” Stellantis said in a statement.
The Stellantis Group, which was established in January 2021, also said it will continue its predecessors’ policies and cooperate fully with the justice system in order to resolve this matter expeditiously. It, of course, has no other good options. Stay tuned for the next chapter of Dieselgate, where major automakers used software to cheat on emissions tests.
AutoInformed on Emissions Cheating and Fraud
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Stellantis – Diesel Emissions Probes for Consumer Fraud
Automobiles Peugeot S.A., a wholly owned subsidiary of Stellantis N.V., is now under investigation by the Judicial Court of Paris on allegations of consumer fraud in connection with the sale of Euro 5 diesel vehicles in France between 2009 and 2015. Two other subsidiaries of Stellantis, Automobiles Citroën S.A. and FCA Italy S.p.A, have also been ordered to appear before the Judicial Court of Paris today 10 June and in July as part of the same investigation.
Automobiles Peugeot S.A. will have to pay a bail of 10 million Euros (of which 8 million for the potential payment of damages and fines and 2 million to ensure the company’s representation in court) and will have to provide a bank guarantee of 30 million Euros for the potential compensation for losses. Automobiles Peugeot S.A. is also now assessing its defense options in this respect.
“The companies firmly believe that their emission control systems met all applicable requirements at the relevant times and continue to do so and look forward to the opportunity to demonstrate that,” Stellantis said in a statement.
The Stellantis Group, which was established in January 2021, also said it will continue its predecessors’ policies and cooperate fully with the justice system in order to resolve this matter expeditiously. It, of course, has no other good options. Stay tuned for the next chapter of Dieselgate, where major automakers used software to cheat on emissions tests.
AutoInformed on Emissions Cheating and Fraud