FRANKFURT, Germany (AP) — Former Volkswagen Group CEO Martin Winterkorn went on trial Tuesday on charges of fraud and market manipulation in connection with ...
went on trial Tuesday on charges of fraud and market manipulation in connection with the corporate scandal over Volkswagen 's use of rigged software that let millions of cars cheat on emissions tests and emit high levels of harmful pollutants .well before the U.S. Environmental Protection Agency announced its discovery of the violation in September 2015. He resigned days later.
Winterkorn's attorney, Felix Doerr, said ahead of court proceedings in Braunschweig on Tuesday that “our client definitively rejects the accusations brought against him." He said that Winterkorn's position as CEO was not justification to make him responsible for the scandal in all its aspects. The diesel scandal had wide-ranging consequences for the company and the auto industry. Volkswagen wound up paying more than 31 billion euros in fines and legal settlements. Sales of diesel-powered cars, once favored for their fuel efficiency over gasoline-powered vehicles, plunged as a share of the car market in Europe.
Court sessions are scheduled through September 2025 in the complex case. The fraud indictment alone stretched to 692 pages including the other four defendants, while the case file consists of 300 volumes with 75,000 pages of supporting documents.Prosecutors alleged in their indictment that Winterkorn learned of the issue at least by May 2014, but continued to permit the practice and allowed rigged cars to be sold. They say that the software appeared in Volkswagen cars in Europe and the U.S.
Volkswagen Market Manipulation U.S. Environmental Protection Agency Illegal Software Harmful Pollutants Emissions Tests Corporate Scandal Court Proceedings FRANKFURT Germany
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