Audi CEO arrested by Munich prosecutors on risk he may suppress evidence

CEO Rupert Stadler

Munich prosecutors stated that Audi Chief Executive Rupert Stadler was arrested on Monday as investigators observed the risk that he might look to suppress evidence associated with a diesel emissions investigation. “The suspect has been seen by a judge, who has ordered him to be remanded in custody,” the prosecutors’ office stated. The prosecutors’ office […]

Germany investigates Audi for possible new illegal emissions device

2018 Audi Q5

German auto authority KBA has summoned Audi for an official hearing about if its diesel-engined A6/A7 models have been fitted with a formerly unknown defeat device, Germany’s Transport Ministry stated on Tuesday. German weekly magazine Spiegel reported that in Germany, about 30,000 vehicles diesel vehicles fitted with 6-cylinder diesel engines could have been fitted with […]

Audi will decide on battery production for electric car in Germany in next 1-2 years

2018 Audi R8 Spyder V10 Plus

Audi’s top management is going to decide in the next year or two if they should build batteries for its electric-car program in its high-cost German home market, its chief executive stated. Audi’s labor leaders have prompted management to invest in battery-cell technology and to assemble powerpacks at the two major factories in Ingolstadt and […]

Audi sales volumes in China to increase enough to reverse previous sales drop

new facelift Audi A3 sedan

German automaker Audi anticipates sales volumes in China to increase highly enough in November and December to reverse a 3 percent drop there in the first 10 months of the year. Joachim Wedler, the head of the brand’s Chinese organization, told Reuters on he anticipated a small single-digit percentage increase in full-year volumes in the […]

VW’s Audi expects new model expenses to hit fourth quarter

New Audi A8 images from Barcelona, July 2017

Volkswagen’s luxury division Audi stated growing expenses for upcoming model launches will weigh on fourth-quarter revenues after third-quarter earnings and profits edged up due to growing auto sales. “With this we are well prepared for a demanding fourth quarter where advance payments for our forthcoming model offensive will end up being more highly obvious,” Audi […]

Porsche seeks 200 million euro damages from Audi due to dieselgate

Porsche Panamera E

Volkswagen’s Porsche brand is looking for 200 million euros ($234 million) in damages from its high-end stablemate Audi over expenses associated with manipulated diesel engines, Bild newspaper reported on Friday. Porsche’s management provided the claim in written form to equivalents at Audi, the newspaper stated without mentioning its source. Audi confessed in November 2015 that […]