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Bosch to disclose provisions in May over role in Dieselgate

Published Sun, Jan 29, 2017 · 09:50 PM
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Stuttgart

ROBERT Bosch GmbH will disclose provisions in May for costs related to its involvement in Volkswagen AG's diesel-emissions scandal as the German car-parts supplier continues its probe into possible misconduct by employees.

"We started investigations right away in September 2015 and want to know in-depth what has happened," chief executive officer Volkmar Denner told journalists last week in Bosch's home city of Stuttgart, Germany.

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