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Porsche hit with $600M fine

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Automobile maker Porsche announced it would pay a nearly $600 million fine.

Company officials said the fine would bring allegations of emission regulation violations to a close.

The investigation by German prosecutors found “negligent breaches of supervisory duties occurred in a department of the division for development several levels below the executive board in the exhaust gas-related testing of vehicles in relation to their regulatory conformity.”

Read more from Motor1.com.

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