Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Peugeot raided by fraud squad in emissions probe

byCT Report
04/05/2016
in Uncategorized
Share on FacebookShare on Twitter

PARIS: French auto giant PSA Group, the maker of Peugeot and Citroen cars, said here the other day that its premises had been raided by France’s anti-fraud squad as part of a probe into emissions.

“As part of ongoing investigations on pollutants in the automobile sector, today PSA Group has been the subject of a visit and a seizure by France’s General Directorate for Competition Policy, Consumer Affairs and Fraud Control (DGCCRF),” PSA, France’s biggest carmaker, said in a statement.

You might also like

Gwadar airport to remain closed three days a week under new schedule

19/09/2026

Mohammad Zikria Akbar Zia elected ICCI President

19/09/2026

The fraud squad said separately that the raid was prompted by harmful emission “anomalies” found in three PSA car models during pollution tests triggered by a Volkswagen emissions cheating scandal.

Five PSA sites were raided, four in the Paris suburbs and one in Montbeliard, eastern France.

PSA said it was cooperating fully with the directorate, which comes under France’s economy ministry, and confirmed the “compliance of its vehicles in pollutant emissions in all countries where it operates”.

Gilles Le Borgne, head of research and development at Peugeot Citroen, told AFP by phone that the investigators took away computers, which he expected would be returned on Friday.

“We are being completely transparent… we are clearly going to provide maximum collaboration,” he added.

Yesterday raid comes three months after a surprise probe at Renault, France’s second-biggest automaker, as part of the government’s drive to shed light on emissions practices by car manufacturers in the wake of the global emissions scandal at Germany’s Volkswagen.

The German company has admitted it installed illegal software into 11 million 2.0 litre and 3.0 litre diesel engines worldwide, including VW, Porsche and Audi models, that intentionally masked the vehicle’s real emissions levels during testing.

Volkswagen reached an agreement Thursday with US regulators to offer US owners of some 480,000 illegally polluting diesel cars options of “substantial compensation” and to fix the cars, or to buy them back.

In the latest scandal to rock the sector, Japan’s Mitsubishi Motors admitted that it had also cheated, on fuel-efficiency tests.

The shock statement sent stock market investors fleeing, wiping $2.5 billion (2.2 billion euros) off Mitsubishi’s market value in just two days.

Trade unions at PSA on Thursday showed their support for the company.

“We are very confident, this doesn’t seem to be worrying the management,” said FO union representative Christian Lafaye.

Related Stories

Gwadar airport to remain closed three days a week under new schedule

byCT Report
19/09/2026

GWADAR: New operating hours have been announced for Gwadar airport, under which the facility will remain closed on Wednesdays, Fridays...

Mohammad Zikria Akbar Zia elected ICCI President

byCT Report
19/09/2026

ISLAMABAD: Mohammad Zikria Akbar Zia, Mohammad Ashfaq Hussain Chattah and Mohammad Waqas Khan have been elected as President, Senior Vice...

Pakistan’s mobile phone imports fall 8.85% to $274m in July-August

byCT Report
19/09/2026

ISLAMABAD: Pakistan’s mobile phone imports declined 8.85% to $274.129 million during the first two months of FY27, compared with $300.741...

Three customs officials arrested over alleged Rs4.1m fraud in Lahore

byCT Report
19/09/2026

LAHORE: Police have arrested three serving Customs officials in Lahore over two separate alleged fraud incidents. According to a Pakistan...

Next Post

South Korea to accept imports of Australian blood oranges

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.