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Audi’s new sales boss for Europe is Jens Puttfarcken, the former CEO of Porsche China. Puttfarcken succeeds Martin Sander, who has moved to Ford of Europe to oversee its passenger cars division.
Ex Audi CEO Rupert Stadler to face fraud charges as part of Volkswagen Group’s emissions-cheating scandal that was uncovered by U.S. regulators five years ago.
Automakers are restarting production at their factories in Hungary gradually after weeks of shutdown to stem the spread of the novel coronavirus. Hungary’s economy is heavily dependent on the vehicle manufacturing sector, which all but halted production last month when the pandemic began to spread in the central European country.
Audi plans to eliminate about 15 percent of its German workforce to lift earnings by 6 billion euros ($6.6 billion) as the automaker pushes ahead with a restructuring plan to help adapt to the costly transition to electric cars.
Germany’s KBA motor vehicle authority has told Audi that it faces penalties for its failure to remove illegal software from diesel cars that can manipulate emissions levels, the Bild am Sonntag newspaper reported.
German prosecutors said on Wednesday they had filed charges against former Audi CEO Rupert Stadler, who is being investigated for his role in Volkswagen Group’s diesel-emissions cheating scandal.
The European Commission has opened a formal investigation into whether German automakers BMW, Daimler and Volkswagen Group colluded to avoid competition in developing clean emissions technology.
Volkswagen AG is preparing to name Bram Schot as interim leader of its Audi unit, according a person familiar with the matter, following the arrest of the luxury brand’s longtime chief Rupert Stadler over his role in VW’s diesel-emissions cheating.
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