Rupert Stadler, CEO of Audi, one of the largest luxury car
majors and part of the Volkswagen Group was arrested in Munich on June 18, 2018
in connection with the diesel scam that rocked Volkswagen and the automobile world in the second half
According to various news agencies, Munich prosecutors
investigating this scam had confirmed arrest of Stadler, 55. The authorities
were investigating the role of Audi in the diesel scam. The Volkswagen
Supervisory board is meeting on June 19 to decide the fate of Stadler, among
other things. Stadler had been having the backing of the Porsche and Piech
families who control the world’s largest car maker (Volkswagen).
Investigators in Germany had been steadily building pressure
on Stadler, whose home had been raided last week, agencies reported. Motown
India had run a series of reports in its magazine as well as the
website on the aftermath of the diesel scam that led to thousands of recalls of
Volkswagen cars and fine to the tune of billions of dollars.
Diversified Industrial and Automotive supplier, Schaeffler India’s Automotive Aftermarket division launched a premium range of wiper blades under Schaeffler TruPower label.
Natural Battery Technologies, a leading battery manufacturer in India, located out of Rajasthan announced launch of automotive safe batteries through technology breakthrough in Lithium Iron Phosphate ...
Helmet manufacturer Steelbird Hi-tech India (SBHT) has introduced a new range of helmets namely “Blauer BET”. The biggest highlight of Blauer BET helmets is that they meet the new European Safety Stan...