Arab Today, arab today frances biggest carmaker psa group raided by fraud squad
Last Updated : GMT 00:29:37
Arab Today, arab today
Arab Today, arab today

In emissions probe

France's biggest carmaker PSA Group raided by fraud squad

Arab Today, arab today

Arab Today, arab today France's biggest carmaker PSA Group raided by fraud squad

French auto giant PSA Group, the maker of Peugeot and Citroen cars
Paris - Arab Today

French auto giant PSA Group, the maker of Peugeot and Citroen cars, said Thursday its premises had been raided by France's anti-fraud squad as part of a probe into emissions.

"As part of ongoing investigations on pollutants in the automobile sector, today PSA Group has been the subject of a visit and a seizure by France's General Directorate for Competition Policy, Consumer Affairs and Fraud Control (DGCCRF)," PSA, France's biggest carmaker, said in a statement.

The fraud squad said separately that the raid was prompted by harmful emission "anomalies" found in three PSA car models during pollution tests triggered by a Volkswagen emissions cheating scandal.

Five PSA sites were raided, four in the Paris suburbs and one in Montbeliard, eastern France.

PSA said it was cooperating fully with the directorate, which comes under France's economy ministry, and confirmed the "compliance of its vehicles in pollutant emissions in all countries where it operates".

Gilles Le Borgne, head of research and development at Peugeot Citroen, told AFP by phone that the investigators took away computers, which he expected would be returned on Friday.

"We are being completely transparent... we are clearly going to provide maximum collaboration," he added.

Thursday's raid comes three months after a surprise probe at Renault, France's second-biggest automaker, as part of the government's drive to shed light on emissions practices by car manufacturers in the wake of the global emissions scandal at Germany's Volkswagen.

The German company has admitted it installed illegal software into 11 million 2.0 litre and 3.0 litre diesel engines worldwide, including VW, Porsche and Audi models, that intentionally masked the vehicle's real emissions levels during testing.

Volkswagen reached an agreement Thursday with US regulators to offer US owners of some 480,000 illegally polluting diesel cars options of "substantial compensation" and to fix the cars, or to buy them back.

In the latest scandal to rock the sector, Japan's Mitsubishi Motors admitted that it had also cheated, on fuel-efficiency tests.

The shock statement sent stock market investors fleeing, wiping $2.5 billion (2.2 billion euros) off Mitsubishi's market value in just two days.

Trade unions at PSA on Thursday showed their support for the company.

"We are very confident, this doesn't seem to be worrying the management," said FO union representative Christian Lafaye.
Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today frances biggest carmaker psa group raided by fraud squad Arab Today, arab today frances biggest carmaker psa group raided by fraud squad

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today frances biggest carmaker psa group raided by fraud squad Arab Today, arab today frances biggest carmaker psa group raided by fraud squad

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Trump: End of Daesh is in sight

GMT 20:29 2017 Monday ,23 October

Trump: End of Daesh is in sight
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Lost Australia diver swam miles

GMT 19:09 2017 Monday ,23 October

Lost Australia diver swam miles
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Rogina happy for reactions to “The Flood”

GMT 09:30 2017 Friday ,20 October

Rogina happy for reactions to “The Flood”
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday