trending Market Intelligence /marketintelligence/en/news-insights/trending/bpcmfzska_mnxp_uxobquw2 content esgSubNav
In This List

Audi CEO refutes ouster reports

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future


Audi CEO refutes ouster reports

Audi AG CEO Rupert Stadler refuted media reports suggesting he will be ousted, reaffirming he has the support of Audi's parent company Volkswagen AG, Reuters reported, citing Stadler's statement to Germany's Handelsblatt daily.

German tabloid Bild reported earlier that the automaker's CEO, who took office in 2007, will step aside in April due to his handling of the company's diesel emissions scandal. The publication said Stadler would be given a new role as head of finance for Volkswagen Group.

Volkswagen in 2015 admitted wrongdoing in diesel-emission tests in the U.S., hiding the noxious gasses emissions by some of its models.

Matthias Mueller, the CEO of Volkswagen and chairman of Audi, also urged employees to ignore media reports about Stadler's possible removal.