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VW emissions probe to investigate board chair Poetsch | |
(about 1 hour later) | |
Car giant Volkswagen says German prosecutors have expanded their probe of the emissions scandal to include the firm's chairman of the board. | Car giant Volkswagen says German prosecutors have expanded their probe of the emissions scandal to include the firm's chairman of the board. |
Hans Dieter Poetsch was chief financial officer when the scandal over cars rigged to cheat on US diesel emissions tests broke in September 2015. | Hans Dieter Poetsch was chief financial officer when the scandal over cars rigged to cheat on US diesel emissions tests broke in September 2015. |
VW said prosecutors in Braunschweig were investigating two members of the board, Mr Poetsch and an unnamed other. | VW said prosecutors in Braunschweig were investigating two members of the board, Mr Poetsch and an unnamed other. |
Former boss Martin Winterkorn is already being investigated. | Former boss Martin Winterkorn is already being investigated. |
In September, Matthias Mueller, the current chief executive, said the firm had made a "huge mistake" in using technology in its diesel cars to cheat on the tests. | In September, Matthias Mueller, the current chief executive, said the firm had made a "huge mistake" in using technology in its diesel cars to cheat on the tests. |
He said the firm was working "constructively with the authorities in Germany, Europe and the United States". | He said the firm was working "constructively with the authorities in Germany, Europe and the United States". |
The company also said VW and Mr Poetsch would "continue to give the inquiries by the public prosecutor's office their full support." | |
Mr Poetsch took over as chairman in October last year. | Mr Poetsch took over as chairman in October last year. |
Software | Software |
On Sunday, VW said that "based on careful examination by internal and external legal experts", it reaffirmed its belief that board members had fulfilled their disclosure obligation under Germany's capital markets law. | On Sunday, VW said that "based on careful examination by internal and external legal experts", it reaffirmed its belief that board members had fulfilled their disclosure obligation under Germany's capital markets law. |
The firm had installed software in diesel cars sold worldwide to detect when they were being tested, so the cars could cheat the results. | The firm had installed software in diesel cars sold worldwide to detect when they were being tested, so the cars could cheat the results. |
Some models could have been pumping out up to 40 times the legal limit of the pollutant, nitrogen oxide, regulators disclosed. | Some models could have been pumping out up to 40 times the legal limit of the pollutant, nitrogen oxide, regulators disclosed. |
The carmaker said that around 11 million cars were affected worldwide. | The carmaker said that around 11 million cars were affected worldwide. |
The scandal has pulled down VW's global business and damaged its reputation. | The scandal has pulled down VW's global business and damaged its reputation. |
It has also faced a flurry of lawsuits in the US and in other countries. | It has also faced a flurry of lawsuits in the US and in other countries. |
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