Volkswagen abandons Audi CEO imprisoned in the middle of an emissions investigation


Stadler has left the board of directors of the parent company Audi, Volkswagen (VLKAF), and resigned as chairman of the high-end brand's board of directors, announced Tuesday the group's autos in a statement.

"Due to his current pretrial detention, he is unable to fulfill his duties as a member of the board of directors and wants to focus on his defense," said Stadler's statement.

Volkswagen had previously stated that Stadler would be considered innocent until proven otherwise. Audi appealed to its commercial director to run the company after Stadler's detention.

The German automaker has admitted to handling millions of diesel engines to cheat the emissions tests.

The diesel cars of Volkswagen and its subsidiary Audi broke the principle of air quality with software that gave the impression that the emissions were less toxic than they were. Actually.

The scandal dropped the course of its action and broke the confidence of consumers and regulators in diesel technology. The episode has already cost Volkswagen more than $ 30 billion in recalls, criminal penalties and regulations.

In another announcement on Tuesday, Volkswagen announced that it would offer incentives to German customers wishing to exchange older diesel cars for cleaner models.

Martin Winterkorn, the former managing director of Volkswagen, was indicted by US prosecutors in May. He has been charged with wire fraud and conspiracy to defraud US customers and violate the Clean Air Act.
Matthias Mueller, who was to replace Winterkorn, resigned earlier this year and was replaced by Herbert Diess, a BMW veteran (BMWYY).

At a press conference in April, Diess acknowledged that Volkswagen had "lost a lot of confidence" and that it would take years to restore public confidence in the builder.

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