Speed Reads

VW emissions cheating scandal

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.