ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • ZNAA'22
  • Trending News
    • Viral News
    • Travel
    • People
    • Entertainment
    • Sports
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • IPO: 11 public offers raise Rs 33,000 cr between April-June FY23; 17 more in pipeline
  • Rakesh Jhunjhunwala-backed Akasa Air first commercial flight flagged off by Civil Aviation Minister Jyotiraditya Scindia on this
  • IRDAI to rename grievance redressal mechanism; complaints can be filed in regional languages soon
  • Market next week: Global cues, macro numbers, last batch of earnings to dictate D-Street in holiday-truncated week: Experts
  • Eight of top-10 valued firms add Rs 98,235 cr in m-cap; Infosys, TCS lead gainers
Read in App
Business News » World News

U.S. grand jury indicts four Audi managers in VW emissions probe

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App

A federal grand jury in Detroit on Thursday indicted four managers at Volkswagen AG`s luxury Audi unit as part of the U.S. government`s investigation into the German automaker`s diesel emissions cheating scandal, according to court documents.

VW admitted in September 2015 to secretly installing software in nearly 500,000 U.S. vehicles to cheat government exhaust emissions tests and pleaded guilty in 2017 to felony charges. In total, 13 people have been charged in the United States, including the four Audi managers.

Managers Richard Bauder, Axel Eiser, Stefan Knirsch and Carsten Nagel all worked in Audi`s engine development division in Germany. Bauder was head of Audi`s Diesel Engine Development department. A Justice Department spokesman said none are in custody. All are believed to be in Germany.

Lawyers for the four could not immediately be identified.

The government previously indicted one former Audi manager in July 2017, Giovanni Pamio. The new indictment is a significant expansion of the government`s criminal probe.

The four managers are charged in a 12-count indictment with conspiring to evade U.S. emissions standards in diesel vehicles sold in the United States with 3.0-liter engines. The vehicles include the 2009-2015 Audi Q7 vehicles as well as other Q5, A6, A7 and A8 diesel models and VW Touareg vehicles. They are accused of wire fraud, violating the Clean Air Act and conspiracy.

Volkswagen spokesman Pietro Zollino said the company continues "to cooperate with investigations by the Department of Justice into the conduct of individuals. It would not be appropriate to comment on individual cases."

The indictment said the Audi managers realized they could not meet U.S. pollution standards given design constraints by Audi "including the need for a large trunk and high-end sound system."

Audi engineers told Bauder in 2008 that unless the tank was larger "Audi had to cheat to pass U.S. emissions tests" and ensure that drivers could go 10,000 miles between dealer service visits, the indictment said.

In total, Volkswagen has agreed to pay more than $25 billion in the United States for claims from owners, environmental regulators, states and dealers, and has offered to buy back about 500,000 polluting U.S. vehicles. The buybacks will continue through 2019.

In 2017, VW also pleaded guilty to fraud, obstruction of justice and falsifying statements in a U.S. court. Under the plea deal, the automaker agreed to sweeping reforms, new audits and oversight by an independent monitor for three years.

U.S. prosecutors previously charged former VW Chief Executive Officer Martin Winterkorn, who remains in Germany. Two other former VW executives have pleaded guilty in the investigation and are in prison. Germany does not typically extradite its citizens for prosecution in U.S. courts.

Former Audi Chief Executive Rupert Stadler was not among those indicted. He is being investigated in Germany for his alleged role.

VW in October terminated Stadler’s contract against the backdrop of a criminal investigation into whether he was involved in emissions cheating.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
Updated: Fri, Jan 18, 2019
05:17 am
Reuters
RELATED NEWS
UP $1 trillion economy :  Yogi Adityanath government signs MoU with Deloitte India to achieve target UP $1 trillion economy : Yogi Adityanath government signs MoU with Deloitte India to achieve target
Need to boost manufacturing to create jobs, says Mahindra Group chairman Anand Mahindra Need to boost manufacturing to create jobs, says Mahindra Group chairman Anand Mahindra
RBI MPC: Banks with higher share of floating rates to do well in this higher interest rate regime, says Naveen Kulkarni of Axis Securities RBI MPC: Banks with higher share of floating rates to do well in this higher interest rate regime, says Naveen Kulkarni of Axis Securities
Next RBI MPC meeting date - Schedule details Next RBI MPC meeting date - Schedule details
Why is crude oil price falling? Brent hits lowest since start of Russia-Ukraine war Why is crude oil price falling? Brent hits lowest since start of Russia-Ukraine war

LATEST NEWS

Stocks to buy today: Nykaa, Wipro, SBI, HPCL among list of 20 stocks for profitable trade on August 8

In conversation with Anil Singhvi, Basant Maheshwari says dollar may touch Rs 225-mark in next 25 years

JEE Mains results 2022 Session 2 to be declared soon; provisional final key out on jeemain.nta.nic.in | Steps to check, direct link here

Dividend stocks, bonus share, stock split update: These 20 stocks will remain in focus this week | Full List

Natural farming spreads roots in world's highest village in Himachal Pradesh

Inflation alert! Bangladesh increases petrol price by over 50%, diesel price goes up by 42% | What led to this steep hike

JEE Mains Session 2 result declared on jee.nta.ac.in; check how to download | Details here

Apple iPhone 14: Next-generation series of iPhones may face delay due to this reason

Sister's Day 2022: Date, Significance, WhatsApp message, greetings

National Handloom Day 2022: Date, history, theme, significance and more

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV