Ex-Audi boss Stadler pleads guilty in German 'dieselgate' trial
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
EX-AUDI chief executive officer Rupert Stadler pleaded guilty to “dieselgate” fraud charges at his Munich trial on Tuesday (May 16), becoming the highest-ranking former executive to make a confession in the emissions cheating scandal that rocked parent company Volkswagen.
After learning of the scam in 2015, Stadler “neglected to inform business partners... thereby accepting that vehicles equipped with the illegal software would go on sale”, the court heard in a statement read out by defence lawyer Ulrike Thole-Groll.
The confession comes as part of a plea deal that will see Stadler escape jail time. AFP
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance
