VW Delays Decision to Dump Audi CEO Rupert Stadler

Matt Posky
by Matt Posky
vw delays decision to dump audi ceo rupert stadler

Volkswagen Group’s supervisory board has postponed a decision on the future of Audi CEO Rupert Stadler, who has been in jail since June due to his presumed connection with the automaker’s diesel malfeasance. Despite having scheduled a Monday meeting to assess Stadler’s role within the company and how best to end it, the board found itself unable to come to a conclusion by Friday.

That does not mean the imprisoned CEO will be getting a pardon from the company, however. Stadler’s representatives and VW simply failed to negotiate a solution that would see Stadler step down from his role as Audi CEO and as a VW Group management board member, sources close to the situation told Automotive News Europe.

From Automotive News:

German daily Handelsblatt reported earlier on Friday that the VW Group board had held off because of an imminent decision by the German government on how to tackle pollution from diesel vehicles. Given that Germany’s auto industry has rejected a proposal to lower the emissions of older diesel vehicles with hardware retrofits as too costly, it would be poor timing to spend millions of euros to buy Stadler out of his contract, which was extended by five years last year, the report said.

Since Stadler is likely to remain jailed for the foreseeable future and could end up with a lengthy prison sentence, discussions on the issue are likely to continue for as long as it takes to get him out of the job. “It is out of the question that Rupert Stadler can come back from this,” an unnamed VW executive told The Wall Street Journal. “The discussion now is just about how to terminate his contract, it’s up to the lawyers.”

Meanwhile, Bram Schot will continue serving as the CEO’s interim replacement. An announcement is expected relatively soon, likely naming Stadler’s official successor at Audi. Beyond acknowledging that they are taking place in tandem with other company issues, Volkswagen hasn’t made any official comments on the ongoing talks.

[Image: Volkswagen Group]

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  • Gardiner Westbound Gardiner Westbound on Sep 29, 2018

    In the car business, you are either on the bus or under it.

  • Astigmatism Astigmatism on Sep 30, 2018

    I wonder what's in those books. What are the odds that anyone's ever read them? If I were a shady VW engineering chief, I'd tell my underlings to record all the specs for emissions cheating on paper hard copies and store them in the fake books in the boardroom.

  • Chris P Bacon I had a chance to drive 2 Accords back to back as rentals. The first was a base ICE LX. I was underwhelmed. The next was a Sport Hybrid. Like night and day. So much so that I ventured on to the grounds of my local dealer. Was looking for a Sport or Sport-L. Autotrader showed nothing within 250 miles. Dealer confirmed. Told me I'd have to "get on the list" for a delivery, and there was a non-negotiable $3k "market adjustment". I guess I'll have to hope to see one on the Emerald Aisle again.
  • DungBeetle62 I just this past weekend rented one of these for 5 days in SoCal and with $5.29 the best I could find for gas, this ride's wonderful combination of comfort and thrift was welcome indeed. My biggest real beef is with the entire Accord product line - with that angle of backlight, not having this as a 5-door hatch seems a real waste of space.
  • RICHARD I bought my wife the exact car in the picture 3 weeks ago. Acceleration is average for the class. Smoothness of the powertrain, competent ride dynamics, quietness, and comfort are definitely pluses. The styling is restrained for sure, but we weren't looking for a shouty car that doesn't deliver on the design statement. She drives about 8,000 miles per year, mostly around town. At the current rate, we expect to buy about 16 gallons of gas per month. This really is a car that appears to do everything well rather than excelling at a few things to the detriment of others.
  • Ajla "2010-2019 Borrego"The Borrego only had model years 2009 - 2011 in the United States. The Borrego/Mohave did exist in international markets beyond them but the NHTSA of the United States would not be handling a recall on those. It's annoying that apparently the manufacturer, the federal regulator, and automotive press didn't notice this.
  • SilverCoupe The last Accord I test drove was in 1978, but I ended up buying a VW Scirocco instead. The Accords have put on quite a bit of weight since, then, but then again, so have I!