Continental reaches deal with ex-managers in diesel scandal, reports Handelsblatt, marking a new development in Germany’s long-running emissions controversy.
According to the German business daily Handelsblatt, the auto parts supplier has reached a settlement with several former executives involved in the diesel emissions case. The agreement is said to resolve internal legal disputes related to the company’s role in supplying engine components later linked to emissions manipulation.
While the report did not disclose financial details, Handelsblatt said the settlement includes compensation and legal cost arrangements. Continental reaches deal with ex-managers in diesel scandal, reports Handelsblatt, as the company aims to close a difficult chapter that has affected its reputation and operations for years.
The diesel emissions scandal, which first surfaced in 2015, implicated multiple European automakers and their suppliers in using software to manipulate pollution test results. Continental supplied parts used in some of those vehicles but has denied direct involvement in the development of the so-called “defeat devices.”
Company sources told Handelsblatt that the settlement follows months of negotiations between Continental and its former managers. The goal was to avoid lengthy court proceedings and focus on strengthening corporate compliance and transparency standards.
In a statement, Continental emphasized that it continues to cooperate with authorities and has implemented stricter internal controls to prevent similar issues in the future. Legal experts believe the move could help restore investor confidence and reduce future liabilities.
Industry observers note that Continental reaches deal with ex-managers in diesel scandal, reports Handelsblatt, as part of a broader trend among German automotive firms seeking to settle old legal disputes and refocus on innovation and electric mobility.
The company has not yet commented publicly on the specifics of the agreement but reiterated its commitment to ethical business practices and environmental responsibility.
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