Bosch agrees to pay $25 million to settle California diesel emissions probe

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(Reuters) – German auto supplier Bosch has agreed pay $25 million to resolve California’s probe into the company’s role in the diesel emissions scandals at Volkswagen (ETR:VOWG_p) and Fiat Chrysler, state Attorney General Rob Bonta said on Monday.

The settlement, which is subject to court approval, resolves allegations Bosch participated in misconduct by “providing hardware, software, and software programming or calibration services to Volkswagen and Fiat Chrysler when it knew or should have known that these auto manufacturers were violating environmental and consumer protection laws,” Bonta said.