German authorities arrest Audi CEO Rupert Stadler in ‘dieselgate’ investigation
Munich/Frankfurt — Audi CEO Rupert Stadler was arrested in Munich on Monday in connection with the diesel-cheating scandal, making him the highest-profile target in the probe that has engulfed the car maker and parent Volkswagen (VW) for almost three years. Munich prosecutors investigating Audi’s role in the 2015 scandal confirmed they arrested Stadler in the Bavarian capital because of risk that he may tamper with evidence, according to an e-mailed statement Monday. The decision throws into doubt the manager’s future at the helm of VW’s most important earnings contributor. Pressure on Stadler has steadily built over the past few months, including a raid at his home last week. Until now, backing of the Porsche and Piech families, who control the world’s biggest car maker, ensured him continuing in the role he’s held since 2007. VW’s supervisory board is meeting on Monday, where Stadler’s future will be among the topics of discussion. Prosecutors in Munich, Stuttgart and Braunschweig...
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