VW Group
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Volkswagen on Tuesday terminated Audi Chief Executive Officer Rupert Stadler after lengthy discussions between the automaker's legal team and its board of directors. Stadler, who has been jailed since June in Germany, was also stripped of his position on VW's board of management. "Due to his ongoing pretrial detention, he is unable to fulfill his duties as a member of the board of management and wishes to concentrate on his defense," VW said in a statement. Replacing Stadler in the interim will be sales executive Bram Schot. VW in its statement also maintained its position that Stadler is...
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Audi CEO arrested in Germany over dieselgateAudi CEO Rupert Stadler was arrested in Germany on Monday in relation to the dieselgate scandal, according to multiple reports. The German authorities took Stadler into custody over concerns that he would suppress evidence. Munich prosecutors said Stadler's arrest was not made at the request of the...
Kirk Bell -
Report: Porsche Puts New Cajun, Sub-Boxster On Hold
The question of how Porsche's lineup would sync up with Audi and Volkswagen's, particularly with as much platform sharing as goes on between the three, has been open since the VW Group made its move to acquire a majority stake in Porsche last year. Now it looks like some rationalization may take...
Nelson Ireson -
VW's Walter de'Silva Ready To Pen New Alfa Romeos
It's no secret that Volkswagen has been loping around the edge of the Fiat herd, anxious to cut Alfa Romeo from the group for itself. But beyond the corporate angle, it seems Walter de'Silva, the man behind the gorgeous Audi A5/S5 among many others, is chomping at the bit to put the lines on a new...
Nelson Ireson -
Report: Porsche To Share Panamera, 911 Platforms With Other VW Group Brands
A report today out of Stuttgart places the Panamera--and the 911--in VW clothing.
Nelson Ireson
