Share Name Share Symbol Market Type
Volkswagen AG XE:VOW XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.20 0.67% 179.70 179.75 179.90 181.75 179.30 179.90 87,424 16:34:41

German Prosecutors File Further Charges in Volkswagen Diesel Case

14/01/2020 12:51pm

Dow Jones News

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   By Sarah Sloat 

German prosecutors said Tuesday that they have charged six further Volkswagen AG (VOW.XE) employees in connection with the car maker's long-running diesel scandal.

Prosecutors in Braunschweig, near Volkswagen headquarters, said the charges include tax evasion and fraud.

Investigators are "convinced that the defendants are largely responsible for the fact that authorities and customers in Europe and the U.S. were deliberately misled into thinking diesel emission standards would be met" through the use of unauthorized software, the prosecutors said in a statement.

Those charged worked at Volkswagen between November 2006 and September 2015. A spokesman for the prosecutors' office said he couldn't comment on whether or not they were still employed at the company.

Volkswagen declined to comment immediately.

Volkswagen's diesel crisis erupted in 2015, when the car maker admitted to having outfitted about 11 million of its diesel vehicles globally with software that allowed them to sidestep emissions tests.

Prosecutors in Germany are investigating a number of Volkswagen employees in relation to the diesel issue. The crisis has cost Volkswagen billions of dollars in fines, legal costs and product fixes.


Write to Sarah Sloat at


(END) Dow Jones Newswires

January 14, 2020 07:34 ET (12:34 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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