Close Menu
KumbhCoinorg
    What's Hot

    Love and Monsters: Three Films to Enjoy on Valentine’s Day

    February 14, 2026

    Inflation Is Cooling: Jan 2026 Increase Below Seasonal Norms

    February 14, 2026

    2319 S Columbine Street – University Park Denver

    February 14, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Love and Monsters: Three Films to Enjoy on Valentine’s Day
    • Inflation Is Cooling: Jan 2026 Increase Below Seasonal Norms
    • 2319 S Columbine Street – University Park Denver
    • India – Largest Silver Importer
    • Virat Kohli dragged as Mohammad Amir doubles down on ‘Abhishek Sharma is a slogger’ claim
    • Rosenior hails Chelsea star after dazzling display in FA Cup win over Hull
    • NHL Rumors: Patience May be the Key for the Maple Leafs with Bobby McMann
    • Andrew facing claim he shared Treasury document with banking contact
    Facebook X (Twitter) Instagram
    KumbhCoinorg
    Saturday, February 14
    • Home
    • Crypto News
      • Bitcoin & Altcoins
      • Blockchain Trends
      • Forex News
    • Kumbh Mela
    • Entertainment
      • Celebrity Gossip
      • Movie & TV Reviews
      • Music Industry News
    • Market News
      • Global Economy Insights
      • Real Estate Trends
      • Stock Market Updates
    • Education
      • Career Development
      • Online Learning
      • Study Tips
    • Airdrop News
      • Ico News
    • Sports
      • Cricket
      • Football
      • hockey
    KumbhCoinorg
    Home»Market News»Volkswagen dumps jailed Audi CEO amid emissions probe
    Market News

    Volkswagen dumps jailed Audi CEO amid emissions probe

    kumbhorgBy kumbhorgFebruary 5, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Volkswagen dumps jailed Audi CEO amid emissions probe
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link


    London
    CNN
     — 

    Volkswagen has severed ties with suspended Audi CEO Rupert Stadler, who has been jailed since June in connection with an emissions investigation.

    Stadler has left the board of management of Audi parent company Volkswagen (VLKAF) and stepped down as chairman of the premium brand’s management board, the autos group said in a statement Tuesday.

    “Due to his ongoing pretrial detention, he is unable to fulfill his duties as a member of the board of management and wishes to concentrate on his defense,” the statement said of Stadler.

    Munich prosecutors said in June that Stadler, who has worked for Volkswagen since 1990, had been detained because of concerns he could influence witnesses in an ongoing investigation.

    He is the highest ranking Volkswagen executive to be arrested in connection to a costly diesel emissions scandal that burst into public view in 2015.

    Volkswagen previously said that Stadler would be considered innocent until proven guilty. Audi tapped its top sales executive to lead the company after Stadler was detained.

    The German carmaker has admitted that it rigged millions of diesel engines to cheat on emissions tests.

    Diesel cars from Volkswagen and its Audi subsidiary cheated on clean air rules with software that made emissions look less toxic than they actually were.

    The scandal sent its share price plunging, and trashed confidence among consumer and regulators in diesel technology. The episode has already cost Volkswagen more than $30 billion in recalls, legal penalties and settlements.

    In a separate announcement on Tuesday, Volkswagen said it would offer incentives to customers in Germany who wanted to swap older diesel cars for cleaner models.

    Martin Winterkorn, the former chief executive officer of Volkswagen, was indicted by US prosecutors in May. He was charged with wire fraud, and conspiracy to defraud American customers and violate the Clean Air Act.

    Matthias Mueller, who was brought in to replace Winterkorn, stepped down earlier this year and was replaced by BMW (BMWYY) veteran Herbert Diess.

    Diess acknowledged at a press conference in April that Volkswagen had “lost a great deal of trust,” and that it would take years to restore public confidence in the automaker.

    Audi CEO dumps emissions Jailed probe Volkswagen
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleWhy Smart Investors Buy Bitcoin Not Real Estate
    Next Article What Is A Kick Point On A Hockey Stick?
    kumbhorg
    • Website
    • Tumblr

    Related Posts

    Global Economy Insights

    Inflation Is Cooling: Jan 2026 Increase Below Seasonal Norms

    By kumbhorgFebruary 14, 2026
    Real Estate Trends

    2319 S Columbine Street – University Park Denver

    By kumbhorgFebruary 14, 2026
    Stock Market Updates

    India – Largest Silver Importer

    By kumbhorgFebruary 14, 2026
    Market News

    Andrew facing claim he shared Treasury document with banking contact

    By kumbhorgFebruary 14, 2026
    Global Economy Insights

    Karier, Pesona & Inspiration Artis Jepang

    By kumbhorgFebruary 13, 2026
    Stock Market Updates

    13 February, 2026 – Alpha Ideas

    By kumbhorgFebruary 13, 2026
    Add A Comment
    Leave A Reply

    Don't Miss

    Love and Monsters: Three Films to Enjoy on Valentine’s Day

    By kumbhorgFebruary 14, 2026

    Why has horror and romance complemented one another so seamlessly since the dawn of storytelling?…

    Inflation Is Cooling: Jan 2026 Increase Below Seasonal Norms

    February 14, 2026

    2319 S Columbine Street – University Park Denver

    February 14, 2026

    India – Largest Silver Importer

    February 14, 2026
    Top Posts

    Satwik-Chirag storm into China Masters final with straight-game win over Malaysia | Badminton News

    September 21, 2025132 Views

    SaucerSwap SAUCE Crypto Breaks Key Resistance Amid Nvidia-Hedera Deal

    July 15, 202545 Views

    Unlocking Your Potential with Mubite: The Future of Crypto Prop Trading

    September 17, 202533 Views

    Stablecoins 2025 Exchange Reserves: Insights into DeFi Trends

    September 8, 202532 Views
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us

    Welcome to KumbhCoin!
    At KumbhCoin, we strive to create a unique blend of cultural and technological news for a diverse audience. Our platform bridges the spiritual significance of the Kumbh Mela with the dynamic world of cryptocurrency and general news.

    Facebook X (Twitter) Pinterest WhatsApp
    Our Picks

    Love and Monsters: Three Films to Enjoy on Valentine’s Day

    February 14, 2026

    Inflation Is Cooling: Jan 2026 Increase Below Seasonal Norms

    February 14, 2026

    2319 S Columbine Street – University Park Denver

    February 14, 2026
    Most Popular

    7 things to know before the bell

    January 22, 20250 Views

    Reeves optimistic despite surprise rise in UK borrowing

    January 22, 20250 Views

    Barnes & Noble stock soars 20% as it explores a sale Barnes & Noble stock soars 20% as it explores a sale

    January 22, 20250 Views
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • About Us
    © 2026 Kumbhcoin. Designed by Webwizards7.

    Type above and press Enter to search. Press Esc to cancel.