Automotive News: German Police Raid Audi Offices, Escalating Volkswagen Diesel Inquiry, Volkswagen says German prosecutors search its headquarters
German Police Raid Audi Offices, Escalating Volkswagen Diesel Inquiry
A criminal investigation of Volkswagen’s diesel fraud escalated on Wednesday after the authorities in Germany searched offices of the automaker’s Audi luxury car unit, threatening a crucial source of badly needed profit.
The new Audi investigation by prosecutors in Munich, along with a separate criminal inquiry into Volkswagen out of Braunschweig, are keeping the carmaker on the defensive as it tries to move past the emissions-cheating scandal.
Volkswagen has already agreed to pay $22 billion in penalties and settlements in the United States, and pleaded guilty to its vast emissions deception, which involved a variety of Volkswagen, Audi and Porsche-branded vehicles. Six Volkswagen executives face criminal charges in the United States, and the company is grappling with further legal action in Europe, where dozens of senior staff members — including its former chief executive — are being investigated. read more »
Volkswagen says German prosecutors searched its headquarters
Volkswagen said on Wednesday that prosecutors were searching offices at the carmaker's headquarters in Wolfsburg, Germany.
The search of offices of Europe's biggest automotive group coincide with a raid by Munich prosecutors at Volkswagen's luxury carmaker Audi. read more »
