Former VW Exec Schmidt Gets Maximum Sentence in Diesel Scandal
Oliver Schmidt—the former Volkswagen AG executive who pleaded guilty in August to lying about VW’s diesel pollution cheating—has received the maximum sentence of seven years in prison and a $400,000 fine.
#legal
Oliver Schmidt—the former Volkswagen AG executive who pleaded guilty in August to lying about VW’s diesel pollution cheating—has received the maximum sentence of seven years in prison and a $400,000 fine.
Detroit U.S. District Judge Sean Cox describes Schmidt as a “key conspirator” who destroyed evidence, repeatedly lied to government officials and saw the cover-up as a way to advance his career.
Schmidt had been in charge of VW’s U.S. emission certification office. In that role, he admits misleading regulators about illegal pollution control software that VW used for 10 years. The so-called defeat device enabled 555,000 of the company’s diesel vehicles to pass U.S. emission tests but then release excessive pollution when driven on the road.
Schmidt was arrested in January as he was preparing to leave the U.S. and has been imprisoned since then as a flight risk. He will serve his sentence at a federal penitentiary in Michigan.
RELATED CONTENT
-
VW Is Storing Nearly 300,000 Repurchased Diesels in U.S.
Volkswagen AG has stashed about 294,000 diesel-powered cars across the U.S. that it bought back from customers after admitting the vehicles were rigged to evade U.S. emission laws.
-
Bosch Targeted in Criminal Probe of VW Diesel Cheating in U.S.
Federal prosecutors in the U.S. are trying to determine whether Robert Bosch GmbH conspired to help Volkswagen AB—and perhaps other carmakers—rig their diesel engines to evade emission standards, sources tell Bloomberg News.
-
China Prepares to Sanction U.S. Carmaker for Price Fixing
China is preparing to fine an undisclosed U.S. carmaker for ordering its distributors to fix prices beginning in 2014, according to China Daily. Media reports say General Motors Co. is the target.