Post by VWCA_Adman on Jun 21, 2018 12:54:30 GMT -6
June 19, 2018: Stadler is the first VW Group management board member arrested by German authorities. While he hasn’t been charged, law enforcement detained Stadler to prevent him from tampering evidence related to an emissions-cheating probe. Munich's prosecutor's office claims evidence obtained from phone taps and other methods proved that Stadler posed a risk.Audi developed a 3.0-liter turbocharged diesel that skirted U.S. emissions rules.
Prosecutors say Stadler played a role in fraud and false marketing of diesel vehicles with illegal emissions software in Europe. He is one of two top managers under investigation. His arrest raises questions about VW management structure, which includes labor reps, the region of Lower Saxony and the Porsche/Piech clan. The latter backed Stadler after the diesel scandal broke. VW’s Martin Winterkorn, in contrast, resigned.
Audi, after much debate, appointed sales chief Bram Schot as its interim CEO says Reuters.
Last week, German prosecutors fined VW $1.2 billion for emissions cheating.