VW Delays Decision to Dump Audi CEO Rupert Stadler

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.

  • FreedMike Back in the '70s, the one thing keeping consumers from buying more Datsuns was styling - these guys were bringing over some of the ugliest product imaginable. Remember the F10? As hard as I try to blot that rolling aberration from my memory, it comes back. So the name change to Nissan made sense, and happened right as they started bringing over good-looking product (like the Maxima that will be featured in this series). They made a pretty clean break.
  • Flowerplough Liability - Autonomous vehicles must be programmed to make life-ending decisions, and who wants to risk that? Hit the moose or dive into the steep grassy ditch? Ram the sudden pile up that is occurring mere feet in front of the bumper or scan the oncoming lane and swing left? Ram the rogue machine that suddenly swung into my lane, head on, or hop up onto the sidewalk and maybe bump a pedestrian? With no driver involved, Ford/Volkswagen or GM or whomever will bear full responsibility and, in America, be ambulance-chaser sued into bankruptcy and extinction in well under a decade. Or maybe the yuge corporations will get special, good-faith, immunity laws, nation-wide? Yeah, that's the ticket.
  • FreedMike It's not that consumers wouldn't want this tech in theory - I think they would. Honestly, the idea of a car that can take over the truly tedious driving stuff that drives me bonkers - like sitting in traffic - appeals to me. But there's no way I'd put my property and my life in the hands of tech that's clearly not ready for prime time, and neither would the majority of other drivers. If they want this tech to sell, they need to get it right.
  • TitaniumZ Of course they are starting to "sour" on the idea. That's what happens when cars start to drive better than people. Humanpilots mostly suck and make bad decisions.
  • Inside Looking Out Why not buy Bronco and call it Defender? Who will notice?