🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

VW's Audi R&D head to be suspended over emissions scandal: Bild am Sonntag

Published 09/17/2016, 06:05 PM
Updated 09/17/2016, 06:10 PM
© Reuters. Knirsch, Member of the Board of Management for Technical Development of AUDI AG presents the new Audi Q2 car at the 86th International Motor Show in Geneva
VOWG_p
-

BERLIN (Reuters) - Volkswagen's (DE:VOWG_p) Audi head of development will be suspended this coming week as part of the investigation into an emissions scandal, Bild am Sonntag reported citing sources.

Investigations by Jones Day have shown that Stefan Knirsch, an Audi board member, knew about the use of cheat software in 3.0 liter diesel engines and gave a false promise under oath, the paper said on Sunday.

Knirsch has already been asked to clear his desk, it said.

Audi has admitted that its 3.0 liter V6 diesel engine was fitted with emissions-control software, deemed as illegal in the United States where the scandal has engulfed VW.

Spokesmen for Volkswagen, Audi and Audi's works council declined to comment.

© Reuters. Knirsch, Member of the Board of Management for Technical Development of AUDI AG presents the new Audi Q2 car at the 86th International Motor Show in Geneva

Knirsch, Audi's former head of engine development, replaced Ulrich Hackenberg, the top engineer at Audi and the VW group, last year. Hackenberg quit after being suspended together with two other executives closely associated with the development of the VW engine at the center of the scandal, codenamed EA 189.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.