Newly released memo
suggests Ex-VW CEO knew of emissions deception before meeting with regulators.
Forbes (9/25, 14.92M) reports that Germany’s
BILD Zeitung, citing a recently-uncovered July 30, 2015 Volkswagen memo,
revealed that former Volkswagen CEO Martin Winterkorn knew of and instigated
the attempted cover-up of the car manufacturer’s use of deceptive diesel
emissions-testing software. BILD alleged that the memorandum evidenced that
Winterkorn agreed to “partially” disclose details of the diesel engines’
“issues” in an informal meeting with CARB deputy executive Alberto Ayala.
Bloomberg News (9/25, Donahue, 2.49M) adds
that Winterkorn signed off to the plan on July 28, about seven weeks before US
authorities unveiled Volkswagen’s emissions standards deception to the public.
Winterkorn stepped down after the revelation and is now “the subject of a probe
seeking to find out whether management was too slow to tell investors about the
potential cost of the diesel-emissions scandal.”
Audi CEO questioned in Volkswagen diesel emissions-cheating
software probe. Reuters (9/23) reported American law firm
Jones Day questioned Audi CEO Rupert Stadler earlier this week as a part of
Volkswagen’s internal investigation into its diesel emissions test-cheating
software. Reuters said that the supervisory board intended to discuss the
findings of the inquiry on Friday; however, three sources familiar with the
matter revealed that no evidence incriminated Stadler.
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