FRANKFURT: Volkswagen’s supervisory boards suspended crisis talks to find a stand-in boss for its Audi brand which was convened after German authorities arrested current Audi Chief Executive Rupert Stadler as part of a probe into emissions test cheating.
Stadler’s arrest on Monday threw Volkswagen into turmoil as it struggles to recover from cheating revelations, which emerged after regulators blew the whistle in September 2015 on the carmaker’s use of illegal software.
The directors of Audi and Volkswagen discussed how to run its more profitable division without Stadler, but failed to come to a conclusion, the carmaker said late on Monday.
“The supervisory boards of VW and Audi have not yet reached a decision and continue to assess the situation,” a spokesman for VW said.
The arrest has kicked off a new debate over VW’s governance which could raise tensions on its supervisory board, putting at risk a fragile truce between management, VW’s controlling Piech and Porsche families, as well as representatives from labor and the region of Lower Saxony.