Mexican Media Brands
Audi Denies Report that CEO Stadler Will Be Replaced
Audi AG has denied a Bild report that CEO Rupert Stadler will be removed in June because of his handling of Audi’s role in parent Volkswagen AG’s diesel emission cheating scandal.
Share
Audi AG has denied a Bild report that CEO Rupert Stadler will be removed in June because of his handling of Audi’s role in parent Volkswagen AG’s diesel emission cheating scandal.
The German newspaper claims Stadler will be reassigned to manage VW Group’s finance portfolio. But Audi Chairman Matthias Mueller tells Reuters that Bild’s report “lacks any foundation.”
Mueller is eager to move beyond the scandal since he was appointed to replace Martin Winterkorn in 2015 after VW admitted it rigged 11 million diesels with cheater software to evade emission laws. But suspicions about Audi’s role in the affair continue to prompt on Audi facilities, including searches last week, by German prosecutors.
Critics have for months been condemning Stadler’s handling of the crisis. But sources tell Reuters that he continues to have the support of the Audi supervisory board and VW’s controlling Porsche and Piech families.
RELATED CONTENT
-
Mustang Changes for 2018
On Tuesday Ford unveiled—using the social media channels of actor Dwayne Johnson (this has got to unnerve some of the auto buff book editors)—the 2018 Mustang, which has undergone some modifications: under the hood (the 3.7-liter V6 is giving way to a 2.3-liter EcoBoost four, and a 10-speed automatic is available), on the dash (a 12-inch, all-digital LCD screen is available for the dashboard), at the tires (12 wheel choices), on the chassis (MagneRide damper technology is being offered with the Mustang Performance Package), and on the exterior (three new paint colors). And while on the subject of the exterior, there are some notable changes—a lower, remodeled hood, repositioned hood vents, new upper and lower front grilles, LED front lights, revised LED taillamps, new rear bumper and fascia.
-
on lots of electric trucks. . .Grand Highlander. . .atomically analyzing additive. . .geometric designs. . .Dodge Hornet. . .
EVs slowdown. . .Ram’s latest in electricity. . .the Grand Highlander is. . .additive at the atomic level. . .advanced—and retro—designs. . .the Dodge Hornet. . .Rimac in reverse. . .
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
