VW exec after guilty plea: ‘We are no longer the same company’
The automaker, desperately trying to repair its reputation, was ordered to pay $4.3 billion after pleading guilty to charges that included conspiracy to violate the Clean Air Act.
In a landmark move, the U.S. Department of Justice has indicted six Volkswagen executives as part of the automaker’s high-profile diesel emissions scandal.
One executive was arrested this week, and the others are reportedly still in Germany. More indictments could be handed down in the coming weeks. Moves like this are rare in the auto world, where companies are regularly punished, but executives tend to be protected.
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