POAHY Porsche Automobile Holding SE (PK)

   By Cecilia Butini 
 

Germany's Federal Motor Transport Authority is investigating Porsche AG to confirm whether its vehicles conform with European Union regulations on vehicle parts and emissions, the authority said on Monday.

Porsche, the sports car brand owned by the Volkswagen AG group, said the investigation started after the company brought a series of issues to the attention of regulators. It declined to comment on the specific subject of the investigation.

Porsche also said that the issues it raised with regulators centered around the use of hardware and software in its vehicles' certification testing phase that may have been different to the components used on series vehicles.

A spokesman for the German Motor Transport Authority, or KBA, said he couldn't provide a timeline for the investigation or say when more information would be released. The KBA is focusing its investigation on vehicles that were produced up until 2017 for the European market, he said.

Porsche said there is no evidence that vehicles from current production are affected by the investigation.

Write to Cecilia Butini at cecilia.butini@wsj.com

(END) Dow Jones Newswires

August 24, 2020 10:20 ET (14:20 GMT)

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