Audi CEO arrested in widening VW diesel scandal

Audi CEO Rupert Stadler was arrested in Germany on Monday, Reuters reports, in the latest fallout from the diesel-emissions cheating scandal at the automaker's parent company, Volkswagen. "We confirm that Mr. Stadler was arrested this morning," a VW spokesman said Monday, noting that Stadler was presumed innocent like any suspect. Audi made no immediate comment. The arrest came as Munich prosecutors expand their investigation into the scandal to look at possible fraud and false advertising at Audi, VW's luxury brand. VW shares were down about 1.6 percent from Friday's closing price.

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Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.