After Renault and Volkswagen, Peugeot was also indicted in France in the investigation of fraud in the antipollution controls of older generations of diesel engines, Stellantis, parent company of the French manufacturer, announced Wednesday evening.
“Automobiles Peugeot SA, a wholly-owned subsidiary of Stellantis NV, was indicted today by the investigating magistrates because of allegations of deceit relating to the sale of Euro 5 diesel vehicles which took place in France between 2009 and 2015 “, the group said in a statement.
A judicial source confirmed the indictment on Wednesday of Peugeot of the chief of “Deception endangering human or animal health”.
“Two other Stellantis subsidiaries, Automobiles Citroën SA and FCA Italy SpA., Will be heard by the investigating magistrates, respectively on June 10 and July, within the framework of the same judicial investigation”, also indicated the Stellantis group.
Peugeot was required to pay a “Bond” in the amount of 10 million euros, including 8 million euros for the possible payment of damages and fines, as well as the provision of a bank guarantee on first demand of 30 million euros “To compensate for any damage”, detailed the company.
Up to 5 billion euros in fines
Peugeot is “In the process of evaluating the regularity of this measure and the advisability of contesting it”, warned Stellantis in his press release.
“Our subsidiaries firmly believe that their emission control systems met all the requirements applicable then and continue to meet them today, and they look forward to the opportunity to demonstrate it”, said the group.
A report from the DGCCRF (General Directorate for Competition, Consumption and Fraud Control), sent to the courts in February 2017, referred to a “Global strategy to manufacture fraudulent engines, then to market them”.
According to investigators, some 1.9 million diesel vehicles of the Euro5 generation (standard in force until 2015), “Whose engine works according to fraudulent strategies”, were sold by PSA (Peugeot-Citroën) between September 2009 and September 2015 in France.
In view of the violations noted, the DGCCRF assessed the maximum fine incurred by the company at 5 billion euros. A huge sum, however four times less than the maximum fine, 19.7 billion euros, assessed this time by the DGCCRF for Volkswagen.