HAMBURG (Reuters) - Volkswagen Group will name later on Monday an interim leader for its premium Audi brand after the unit's Chief Executive Rupert Stadler was arrested, a person familiar with the matter said.
"We need to find a solution for Audi's leadership for the time when he is not here," the source said.
"We will comment on this later," the person added.
Volkswagen declined to comment.
Munich prosecutors, who earlier this month widened their probe into Audi, said on Monday that Rupert Stadler was being held due to fears he might hinder their investigation into the emissions scandal.
Also Read
(Reporting by Jan Schwartz; Writing by Maria Sheahan; Editing by Alexander Ratz and Edward Taylor)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
