Jailed Audi CEO Stadler Asks Court to Release Him
Suspended Audi CEO Rupert Stadler has petitioned a Munich court to release him from jail on charges of impeding an probe into the company’s diesel emission cheating.
#legal
Suspended Audi CEO Rupert Stadler has petitioned a Munich court to release him from jail on charges of impeding an probe into the company’s diesel emission cheating.
Stadler was arrested on June 18 on cited evidence that he was trying to interfere with their investigation. Prosecutors successfully argued that he needed to be incarcerated to prevent him from suppressing evidence about Audi’s role in the Volkswagen AG diesel scandal.
Prosecutors tells Reuters that their interrogation of Stadler has been completed, making it up to the court to decide whether he may be released. Sueddeutsche Zeitung says Stadler denied he colluded in the cheating.
Stadler’s role as CEO has been filled on an interim basis by Bram Schot, Audi’s head of marketing and sales. German prosecutors also are investigating an unidentified second top Audi executive on suspicion of fraud and false advertising.
RELATED CONTENT
-
Tesla’s Autopilot Feature Deemed Partly to Blame in Fatal Crash
The U.S. National Transportation Safety Board has concluded that Tesla Inc.’s semi-autonomous Autopilot feature was partly to blame for a crash 15 months ago that killed one of the carmaker’s customers.
-
Ex-FCA Official Pleads Guilty in Labor Training Fund Scandal
Alphons Iacobelli, a former head of labor relations for Fiat Chrysler Automobiles NV in the U.S., has pleaded guilty of stealing millions of dollars from an employee training fund.
-
Takata Opens $850 Million Fund to Pay Carmakers for Airbag Woes
Takata Corp. has launched an $850 million fund in the U.S. to repay carmakers for a portion of their costs to recall Takata airbag inflators that can explode when triggered by a crash.