It doesn’t look like the emissions-cheating scandal in the auto industry is running out of gas anytime soon.
German prosecutors Tuesday announced an indictment against Volkswagen’s CEO Herbert Diess, Chairman Hans Dieter Pötsch, and former CEO Martin Winterkorn for alleged market manipulation practices related to an emissions-cheating scandal that catapulted into the spotlight in 2015. At that time, Volkswagen admitted to designing and installing software known as “defeat devices” to evade federal emissions standards in 11 million of its vehicles around the globe.
