Advertisement
Singapore markets open in 1 hour 45 minutes
  • Straits Times Index

    3,293.13
    +20.41 (+0.62%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • Dow

    38,460.92
    -42.77 (-0.11%)
     
  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     
  • Bitcoin USD

    64,080.18
    -2,182.06 (-3.29%)
     
  • CMC Crypto 200

    1,385.11
    -38.99 (-2.74%)
     
  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     
  • Gold

    2,330.30
    -8.10 (-0.35%)
     
  • Crude Oil

    82.78
    -0.03 (-0.04%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     
  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     
  • FTSE Bursa Malaysia

    1,571.48
    +9.84 (+0.63%)
     
  • Jakarta Composite Index

    7,174.53
    -7,110.81 (-49.78%)
     
  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

VW CEO Mueller had no knowledge of diesel scandal - Bild am Sonntag

Volkswagen CEO Matthias Mueller delivers his speech at the annual shareholder meeting in Hanover, Germany June 22, 2016. REUTERS/Fabian Bimmer/File Photo

FRANKFURT (Reuters) - Volkswagen Chief Executive Matthias Mueller had no knowledge of the carmaker's diesel emissions cheating scandal, Germany's Bild am Sonntag newspaper said, citing a report by Jones Day, the lawfirm tasked with investigating the scandal.

Mueller found out about Volkswagen's emissions cheating software on Sept. 18, 2015, when U.S. regulators revealed the German carmaker had faked pollution tests, Bild am Sonntag reported.

Mueller, who was Chief Executive of VW's sportscar division Porsche before the Diesel scandal erupted, was elevated to the position of Volkswagen Group's Chief Executive a week later on Sept. 25, and tasked with turning the firm around.

A spokesman said Volkswagen could not comment on an ongoing legal investigation.

(Reporting by Edward Taylor; editing by John Stonestreet)