Volkswagen Group (VOWG_p.DE) will name later on Monday an interim leader for its premium Audi (NSUG.DE) brand after the unit's Chief Executive Rupert Stadler was arrested, a person familiar with the matter said. The spokesperson added that the "presumption of innocence" should continue to apply to Stadler.
Representatives for Volkswagen and Audi did not immediately respond to requests for comment.
According to Munich-based public prosecutors, Stadler was being investigated for suspected fraud and false advertising, and for his alleged role in helping to bring cars equipped with illegal software to the European market.
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The news comes as a blow to Colombians, who will have fresh memories of what Rodriguez did on the World Cup stage four years ago. But it was apparent within minutes, when Sanchez got the red card, that the rematch would not go so smoothly for the Colombians.
Prosecutors in the Bavarian state said the arrest was justified because of the "risk of concealment of evidence".
Stadler is the most senior company official so far to be taken into custody over the German carmaker's part in the emissions cheating actions first highlighted in 2015.
Volkswagen has admitted using special software to cheat on emissions tests, with almost 11 million vehicles affected.
German authorities have arrested Rupert Stadler, Audi's CEO, Reuters reports.
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He is using this moment to sanitize his global image", she said. "He speaks and his people sit up at attention". I can only speak to the fact that we signed an incredible agreement, it's great.
But Dudenhoeffer said that may change, given the "very serious" allegations against him. Shortly after accusations were waged, former chief executive Martin Winterkorn resigned.
Both are suspected of knowing earlier than they have so far admitted about the cheating, meaning they may have failed in their duty to inform investors in the auto giant about the financial risks.
Martin Winterkorn, the former chief executive officer of Volkswagen, was indicted in May by U.S. prosecutors. However, according to multiple reports, the VW board has already made a decision to replace Stadler with its sales chief Abraham Schot.
Strong Quake Rattles Japan's Osaka, Causes No Major Damage
Japan has experienced several earthquakes in the last few days, including 4.5 and 4.6 quakes near capital Tokyo over the weekend. A 5.9 magnitude quake rattled the city of Osaka, western Japan on Monday morning, leading to partial building collapses.
Last week, German prosecutors fined Volkswagen one billion euros for not supervising the employees who designed the testing software.
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