Rupert Stadler will admit guilt in exchange for a suspended sentence after reaching an agreement with the Munich district court over the scandal that rocked Audi's parent company Volkswagen.
MUNICH - Former Audi boss Rupert Stadler will plead guilty over the "dieselgate" vehicle emissions-cheating scandal, a German court said Wednesday, which would make him the first auto CEO to be convicted in the resulting lawsuits.
The so-called defeat devices made the vehicles appear less polluting in lab tests than they were on the road. Last month Wolfgang Hatz, another former Audi executive who was on trial alongside Stadler, pleaded guilty, confessing that he and two other colleagues had arranged the installation of emissions-cheating software.
He was originally put on trial alongside Hatz and two Audi engineers, one of whom has also entered a guilty plea in exchange for a suspended sentence.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Q&A: Equites CEO Andrea Taverna-Turisan on growth in the logistics sectorWith demand for logistics assets outstripping supply, Equites remains focused on delivering returns.
Read more »
Eskom board on the Scopa carpet about extensive corruptionParliament’s public accounts committee to raise allegations by former CEO André de Ruyter
Read more »
A leader type? Sanlam's Carl Roothman approached his CEO within four months after getting a job | BusinessSanlam Investment Group CEO, Carl Roothman, knew within four months of getting a job as a new graduate that he could do better and approached his CEO.
Read more »
Eastern Cape has to learn from its own to eradicate initiates' deaths – CRL CEO | City PressEastern Cape communities need to also learn from their own regions, which have not reported deaths of initiates, said Edward Mafadza, ahead of the May-June initiation season.
Read more »
Africa Rainbow Minerals appoints new CEOThe company’s COO Velile Phillip Tobias has been made CEO, subject to approval by shareholders
Read more »