EX-Audi Boss Handed Suspended Sentence in Dieselgate Scandal, Fined $1.2 Million

In 2015, the world's largest automotive outfit by revenue, Volkswagen, admitted installing illegal software to rig emission levels in its diesel models worldwide. The scandal was christened 'dieselgate,' and the man behind it, EX-Audi boss Rupert Stadler, on Tuesday received a suspended sentence for one year and nine months by a Munich court. Stadler will be the first former Volkswagen board member to be handed such a sentence. (continue reading...)