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Followup

Scandal pits Porsche-Piech families against labor, regional interests

Scandal pits Porsche-Piech families against labor, regional interests

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He spoke with the Justice Department and FBI

Volkswagen Chief Executive Herbert Diess traveled to the United States this month to testify to authorities about the carmaker's emissions scandal, German newspaper Bild reported on Tuesday.

Rumormill

Former CEO Martin Winterkorn cannot leave Germany

The indictment of former Volkswagen CEO Martin Winterkorn has resulted in an interesting arrangement regarding the new CEO's freedom to travel. According to Bloomberg, U.S. authorities have granted Herbert Diess a "safe-passage deal," which enables him to travel without having to fear being detained due to the ongoing Volkswagen Dieselgate investigation.

Breaking

He knew but continued ‘to perpetrate the fraud,’ indictment says

Federal prosecutors in Detroit on Thursday unsealed charges against former Volkswagen Chief Executive Martin Winterkorn, accusing him of conspiring to mislead regulators about the German automaker's diesel emissions cheating.

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So far, Winterkorn has escaped prosecution. That may change.

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This time, it's for failing to disclose the EPA's investigation to Germany's financial watchdog.

German prosecutors launched another investigation into whether Martin Winterkorn and an unnamed Volkswagen board member violated disclosure laws.

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They knew about diesel emissions issue way back in 2014.

Volkswagen admits that Martin Winterkorn received at least two memos advising him about the diesel emissions problem well before the scandal became public.

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Two weeks before it became public, the diesel defeat device was known to VW CEO.

A German report claims that Martin Winterkorn received a letter admitting to the defeat devices two weeks before the diesel emissions scandal went public. This was just the latest allegation that the automaker knew about the problem ahead of time but didn't tell the public.

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Reported correspondence reveals that former Volkswagen chief Martin Winterkorn knew about the software his company installed to defeat the diesel emissions test back in May of 2014.

Official

Matthias Müller can add Chairman of the Supervisory Board of Audi to his resume, after the head of VW was appointed to the subsidiary position.

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Bild am Sonntag says Volkswagen executives knew about irregular CO2 readings a year ago, countering VW's claim that it only found out this November.

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VW engineers admit that they cheated to lower CO2 emissions for the company's vehicles because they couldn't meet the goals set by former CEO Martin Winterkorn.

Official

New VW Chairman Hans Dieter Potsch Takes His Place As Head Of Holding Company

Having already resigned as CEO of the Volkswagen Group, Martin Winterkorn brings his departure closer to completion by stepping down as chief executive of Porsche SE, VW's largest shareholder.

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Former Volkswagen CEO Martin Winterkorn still serves as chairman of Porsche SE, Audi, Scania, and Truck & Bus GmbH. But he's expected to resign from those posts soon as well.

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Former VW Chief Still Chairs Porsche SE, Audi, Scania, Truck & Bus GmbH

Though he may have resigned as CEO of the Volkswagen Group, Martin Winterkorn retains four senior positions - including head of the company's largest shareholder Porsche SE, and three of its business units.

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German prosecutors are stepping back from their initial investigation into Martin Winterkorn for alleged fraud in the emissions scandal. They say there's not yet enough evidence to focus on him in the case.

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Multiple reports indicate that Bosch warned VW in 2007 against using the engine management software VW used to skirt diesel emissions tests. A VW engineer warned the company again in 2011.

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German prosecutors in the city of Braunschweig are beginning an investigation into Martin Winterkorn for alleged fraud in VW's diesel emissions scandal. It could be years, though, before the case ever sees a courtroom.

Featured Video

CEO Dr. Martin Winterkorn resigns amid Volkswagen emissions scandal. The world's top selling automaker must now work to regain public trust.

To No One's Surprise...

Many VW diesel owners, and potential owners, are mad at the automaker for its deceptive emission practices.

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