Friday, October 11, 2024

The consequences of the controversial Dieselgate

Former CEO of Volkswagen, Martin Winterkornand the former president of Audi, Robert Stadler, will make millionaire payments to Volkswagen Group as part of an agreement to solve problems that have arisen during “Dieselgate” After claiming that they violated ‘duty of care’ During the 2017 emissions cheating scandal.


Winterkorn agreed to pay the company 11.2 million euros ($13.6 million)., while Stadler will pay 4.1 million euros ($5 million). In addition, two other managers involved in the scandal will also pay lower amounts to VW.

Aharon 270 million euros (about $330 million). will come from Insurance for managers and employeesD&O insurance, which protects executives from individual liability but is also used to reimburse companies for legal and other expenses.

Volkswagen diesel

Thus, in total, Volkswagen will receive $350 million. However, the company has paid 40 billion dollars In fines, court fees, settlements to settle the scandal, and spent 86 billion in electric cars since then.

The monetary agreement was revealed in 62-page preliminary report who studies the role of managers during the scandal, which Volkswagen and several of its subsidiaries installed قامت “Disable devices” Which manufactures diesel vehicles looks less polluting for the organizers.

The report also reveals that current Volkswagen boss Herbert Diess had a meeting with Winterkorn in July 2015, during which engineers revealed information about the hoax to them. Volkswagen says Dies, who took office that month, had “justification for confidence” that the company would solve the problems he was told during that meeting.

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