Home BRANDS VW ex-CEO Martin Winterkorn, four others charged in dieselgate

VW ex-CEO Martin Winterkorn, four others charged in dieselgate

FRANKFURT, Germany — German prosecutors have indicted former Volkswagen CEO Martin Winterkorn and four others on charges of fraud and unfair competition, saying he failed to prevent the manipulation of engine software that let Volkswagen cars cheat on diesel emission tests.

Prosecutors in Braunschweig said Monday that Winterkorn knew about the deceptive software since at least May 25, 2014, despite his public statements he only became aware of the issue shortly before the scandal broke in September 2015.

The prosecutors said the defendants — all of them top Volkswagen managers — were part of an ongoing deception that started in 2006. The company has admitted installing software that could tell when the cars were on test stands for emissions certification. When the cars went on to everyday driving, the emission controls were turned off, improving mileage and performance but emitting far more than the U.S. legal limit of nitrogen oxides, a class of pollutant that is harmful to health.

The prosecutors say that the defendants added a software update costing 23 million euros in 2014 in an attempt to cover up the true reason for the elevated pollution emissions during regular driving.

Winterkorn and the others face from six months to 10 years imprisonment if convicted on charges of aggravated fraud involving serious losses. Bonuses collected due to sales based on the deception could be forfeited. Prosecutors said bonus that could be forfeited ranged from around 300,000 euros to 11 million euros ($340,000 to $12.45 million).

Volkswagen has paid more than 27 billion euros in fines and settlements in the months and years since being caught. The company apologized and pleaded guilty to criminal charges in the United States, where two executives were sentenced to prison and several others charged, although they could not be extradited.

Source link

Must Read

2020 Lincoln Corsair Pricing Starts in High 30s, Can Speed Past $60K | News

We were wowed by the 2020 Lincoln Corsair with its classy styling and interior that bring to a compact SUV the design flourishes of...

All segments production, sales skid to negative, Auto News, ET Auto

New Delhi: The cautious attitude of customers, political uncertainty and negative shadow of tightened liquidity and higher insurance cost dragged down the new vehicle...

Aluminum F-150 proves less costly to repair

Bob Tomes was among the Ford Motor Co. dealers who sank tens of thousands of dollars into new equipment and training to repair the...

Mercedes taps Russia chief for China in wider shuffle

FRANKFURT -- Mercedes-Benz has named Jan Madeja, formerly the brand's head of Russia, as its new sales boss in China.Madeja is succeeded in Russia...

India’s oil import dependence jumps to 84 per cent, Auto News, ET Auto

Prime Minister Narendra Modi may have set a target to cut India's oil import dependence by 10 per cent but the country's reliance on...