Audi headquarters raided in 'fake emissions' inquiry
- Author: Todd Kelly Mar 16, 2017,
Mar 16, 2017, 0:18
Evidently, reporters who were present at the event asked the company's CEO about the situation, and Stadler's reply was that he "has always supported efforts to clarify the diesel issue at Audi".
An Audi spokesman told the Associated Press the raids were focused on the company headquarters in Ingolstadt and its plant in Neckarsulm and that the company was fully cooperating with the raids.
Volkswagen has issued a global recall of all vehicles affected by the diesel manipulation and has pleaded guilty to conspiracy to commit fraud in the US, agreeing to pay fines, penalties and consumer compensation of around $25 billion.
Audi designed and manufactured some of the engines that were manipulated to show compliance with environmental standards in lab tests, but allowed to emit higher levels of smog-causing nitrogen oxides during normal road use.
Ingolstadt-based Audi said it had every intention and interest in getting to the bottom of the emissions-cheating scandal.
"We will keep at it until this work is done", CEO Stadler said.
"Important differences between the performance of certain Renault engines in the laboratory and their results under real conditions", were found, the paper said, adding the accusation forms the cornerstone of an investigation reportedly opened by French prosecutors in January.
Audi last month said it had fired four engineers from its diesel division for "gross breach of duty". The source also added that Stadler's home was not one of the homes raided by police.
Audi previous year increased its diesel scandal-related provisions to 1.63 billion euros and has said it does not expect to have to do so again.
Volkswagen shares were marked 1.57% lower by mid-day in Frankfurt and changing hands at €139.77 each, although the stock has risen some 40% since hitting an all-time low in early October 2015 after news of the emissions scandal first broke.
Audi's global sales declined 1.1 percent in February to 125,100 cars as a dispute with dealers in its largest market China escalated.