. Military Space News .
CAR TECH
Audi names interim CEO after boss arrested in diesel probe
by Staff Writers
Frankfurt Am Main (AFP) June 19, 2018

German carmaker Audi said Tuesday it had named a new interim chief, a day after prosecutors arrested boss Rupert Stadler in connection with parent company Volkswagen's "dieselgate" scandal.

"The supervisory board of Audi AG has decided to transfer the duties of the board of management chairman (chief executive) to Abraham Schot on a temporary basis with immediate effect," the firm said in a statement, confirming earlier media reports.

Born in the Netherlands, Schot has been head of sales and marketing at Audi since September 2017, after joining the VW group in 2011.

Munich prosecutors and police swooped on Stadler early Monday morning, saying they aimed to stop him "seeking to influence witnesses or other suspects".

The dramatic arrest came a week after Munich authorities raided Stadler's home. They had charged him with fraud and falsifying documents that allowed diesel vehicles equipped with cheating software to be sold to European customers.

Stadler is the most senior executive yet to be detained in the dieselgate crisis, which started when the Volkswagen group admitted in 2015 to installing so-called "defeat devices" in some 11 million diesels worldwide that made them seem less polluting in lab tests than they actually were on the road.

The affected vehicles involved VW's own-brand cars, but also those made by Audi, Porsche, Skoda and Seat.

Audi is under particular suspicion that its engineers helped create the software used in the scam.

The change of CEO did not immediately spark major reactions from investors.

But with its shares down 2.9 percent at 151.60 euros by 1:25 pm (1225 GMT), VW was the worst performer on the DAX index of blue-chip German shares.

tgb/fz/ser

VOLKSWAGEN


Related Links
Car Technology at SpaceMart.com


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


CAR TECH
Fleet of autonomous boats could service cities to reduce road traffic
Boston MA (SPX) Jun 12, 2018
The future of transportation in waterway-rich cities such as Amsterdam, Bangkok, and Venice - where canals run alongside and under bustling streets and bridges - may include autonomous boats that ferry goods and people, helping clear up road congestion. Researchers from MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL) and the Senseable City Lab in the Department of Urban Studies and Planning (DUSP), have taken a step toward that future by designing a fleet of autonomous boats ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

CAR TECH
Saudi Arabia says new Yemen missile intercepted

Defense Department modifies contract for ballistic missiles

Saudi Arabia says new Yemen missile intercepted

Northrop tapped for ballistic radar detection services

CAR TECH
New hypersonic missiles guarantee parity with US: Putin

Navy taps Raytheon, Kongsberg for Naval Strike Missile

Saudi warns of military action if Qatar gets Russian missiles: report

Boeing contracted for test kits for air-launched cruise missiles

CAR TECH
Headwall integrates Hyperspectral and LiDAR aboard UAV platforms

Kratos awarded unmanned $90M aerial target drone systems contract

Use of armed drones increasing under Trump: study

Japan 'drone-brella' promises hands-free sun cover

CAR TECH
On-the-move communications system set to field this fall

Lockheed Martin's 5th AEHF comsat completes launch environment test

IAP Worldwide Services tapped for satellite systems

Hughes to prototype Multi-Modem Adaptor for Wideband SATCOM use

CAR TECH
Navy taps Hexagon Federal for 'ruggedized' hardware

Army scientists have a blast with aluminum nanoparticles

Thai junta seeks $10 billion in new security budget

Tanks for the ride: US soldier steals armoured vehicle

CAR TECH
New EU 'peace fund' could buy weapons

EU set to shut UK, US out of defence fund: officials

Bulgaria OKs spending on new fighter jets, armoured carriers

Mack receives more than $296M for dump trucks

CAR TECH
Netanyahu quizzed as submarine graft probe witness

Summits fuel questions about Trump's embrace of autocrats

Norway wants to double US troops and deploy them closer to Russia

Trump's vow to end US-SKorea drills catches Pentagon off guard

CAR TECH
A new way to measure energy in microscopic machines

AI-based method could speed development of specialized nanoparticles

Researchers use magnets to move tiny DNA-based nano-devices

Atomically thin nanowires convert heat to electricity more efficiently









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.