HAMBURG (Reuters) – Volkswagen’s (VOWG_p.DE the board of directors and employees on Wednesday expressed their support of the automaker’s top executives, a day after German prosecutors pressed charges related to the emissions of a diesel engine of a scandal.
FILE PHOTO: A logo of German carmaker Volkswagen at the volkswagen’s headquarters in Wolfsburg, Germany on the 9th of September 2019. (REUTERS photo/Fabian Bimmer/File Photo
The prosecutor in the town of Brunswick will have an additional charge of Volkswagen’s CEO, mr. Herbert Diess, a non-executive-Chairman Hans-Dieter Poetsch, former CEO, Martin Winterkorn, with the stock market, so be prepared.
Volkswagen’s supervisory board, said in a statement on Wednesday that the Diess, and Poetsch, it would continue to be in the office.
Earlier in the day, the day of the Volkswagen workers, to be welcomed, Poetsch, at a mass meeting of staff at the head office of the company, according to a participant, as well as the staff appeared to be closing ranks behind the senior officers.
German prosecutors have been accused of Poetsch as the car manufacturer, the current CEO of Diess, former CEO, Winterkorn, the retention of market-moving information, to set-up the emissions testing for four years, raising the prospect of more turmoil at the company as it tries to reinvent itself as a champion of clean driving.
The carmaker’s supervisory board had not found any evidence of that, Diess, and Poetsch were too late for the information of the market.
This is the reason for the successful co-operation with the chairman and the chief executive will continue,” the council said in a statement.
The staff at the meeting held at the company’s Wolfsburg base, had been long planned and is part of Volkswagen’s usual agenda, with such meetings generally take place every three months.
- Volkswagen’s chief executive officer, the chairman shall remain in office, in spite of the costs of the supervisory board of
The cost of this to show how it is a German company that, in January 2015 the use of any illegal software to cheat the AMERICAN diesel-engine tests, it is difficult to have a price that cost more than $30 billion under the vehicle, refit, fines, penalties, and regulations.
Under the Diess, VOLKSWAGEN plans to spend 80 billion euros ($88 billion), to buy one of the cells in the battery pack and the development of the electric vehicle, and struck a broad alliance with Ford (F. N), the share of development and production costs.
It has also shown its truck business individually under the name of Traton (8TRA.DE).
Reporting by Jan Schwartz; Writing by Arno Schuetze; additional writing by Keith Weir and Tom Sims; edited by Kathrin Jones/Keith Weir/by Jane Merriman