Close Menu
    • ABOUT
    • BOOK STORE
    • ENTREPRENEURSHIP
    • ESG
    • EVENTS & AWARDS
    • POLITICS
    • GADGETS
    • CONTACT
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Business Explainer
    Subscribe
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    Business Explainer
    Home » Former Audi boss fined millions or Rands after ‘dieselgate’ confession
    EXECUTIVES

    Former Audi boss fined millions or Rands after ‘dieselgate’ confession

    June 27, 20232 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email Telegram WhatsApp
    Follow Us
    Google News
    Rupert Stadler - Former Audi CEO
    Share
    Facebook Twitter LinkedIn Email Copy Link

    Former Audi CEO Rupert Stadler has received a suspended sentence and a fine in the “dieselgate” trial, making him the first high-ranking executive to be convicted in the emissions cheating scandal.

    1. Stadler admitted to fraud by negligence as part of a plea deal, avoiding jail time.
    2. The Munich district court issued a suspended sentence of one year and nine months, along with a fine of 1.1 million euros.
    3. Stadler admitted that he allowed vehicles potentially equipped with manipulating software to remain on sale despite knowing about the scam.
    4. The dieselgate scandal involved Volkswagen, including its subsidiaries Porsche, Audi, Skoda, and Seat, admitting to installing software to manipulate emission levels in 11 million diesel vehicles worldwide.
    5. The software, known as defeat devices, made the vehicles appear less polluting in lab tests than they were on the road.
    6. Stadler had denied wrongdoing throughout the trial but his lawyer acknowledged that he failed to inform business partners about the continued sale of vehicles with defeat devices.
    7. While Volkswagen claimed that the trickery was the work of lower-level employees without the knowledge of their superiors, German prosecutors argued that Stadler allowed thousands more vehicles with defeat devices to be sold.
    8. Stadler served as Audi’s CEO for 11 years and was a member of the management board at Volkswagen. His co-defendant, Wolfgang Hatz, a former Audi and Porsche manager, also received a suspended sentence and fine for his involvement in the scandal.
    Follow on Google News
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link WhatsApp

    Related Posts

    Stop Solving, Start Leading, Says Coach

    July 23, 2026

    ALX Exec Marks 40 with a Founder Investment

    July 23, 2026

    PIC Chair Quits Ahead of Removal Vote

    July 23, 2026

    From Cattle Country to Capital Markets

    July 22, 2026
    Top Posts

    Old Mutual Shareholders Reject CEO Pay Plan

    July 16, 20262,683

    PIC Board Suspends Its CEO

    July 13, 20262,620

    Avatar Confirms Ngubane’s Abrupt Exit as Co-Chief Creative Officer

    July 22, 20262,270

    Metropolitan Unveils Cover That Doesn’t Lapse When Payments Stop

    June 16, 20262,270
    Don't Miss

    SA Needs a Private Equity Secondary Market

    July 27, 2026 INVESTING

    South Africa is sitting on a growing backlog of mature private equity assets that managers…

    MTN Invests R150m in North West Network

    July 27, 2026

    Nissan Launches New X-Trail Range in SA

    July 27, 2026

    Why Salaries Don’t Last a Full Month Anymore

    July 27, 2026
    Stay In Touch
    • Twitter
    • LinkedIn
    • Facebook

    Business Explainer proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to khanyim@presscouncilsa.org.za Contact the Press Council on 011 4843612.

    Facebook X (Twitter) LinkedIn
    Categories
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    contact us
    • Get In Touch
    Facebook X (Twitter)
    • Privacy Policy
    © 2026 Business Explainer .

    Type above and press Enter to search. Press Esc to cancel.