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Audi Diesel Trial Opens in Munich as Ex-Daimler Chief Zetsche Set to Testify in Investor Case

Prosecutors allege years-long deception that continued after managers learned of defeat software.

Overview

  • The Landgericht München II has begun hearing fraud, indirect false certification and unlawful advertising charges against former Audi development chief Ulrich Hackenberg and three other ex-managers.
  • The indictment states Ulrich Hackenberg and Stefan Knirsch learned of manipulations between October 2013 and September 2015 yet failed to halt sales of affected cars.
  • Prosecutors say 434,420 Audi, Volkswagen and Porsche vehicles with manipulated diesel engines were sold in the United States and Europe during the period at issue.
  • The proceedings follow the 2023 fraud conviction of ex-Audi CEO Rupert Stadler, a verdict recently affirmed by the Federal Court of Justice.
  • In a separate investor model case at the OLG Stuttgart, former Daimler CEO Dieter Zetsche is scheduled to testify about alleged board-level decisions on emissions controls from 2012 to 2018, as investors seek €1.25 billion in damages and the company rejects the allegations.