Jul 31, 2019

Former Audi boss charged in VW dieselgate scandal

AFP German authorities have charged the former boss of Audi with fraud as part of an investigation into the VW emissions-cheating scandal. Since then the carmaker, which owns Audi and Porsche, has had to set aside around $30bn to cover fines and settlements. Former VW boss Martin Winterkorn also has been charged with fraud, while many others remain under investigation. "Defendant Stadler is accused of having been aware of the manipulations since the end of September 2015 at the latest, but he did not prevent the sale of affected Audi and VW vehicles thereafter," the prosecutor said. On Wednesday, Audi said it was in the interest of the company, its shareholders and employees to clarify the issues that led to the diesel crisis.

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