German police raid Porsche and Audi offices

German police have raided the offices of Porsche and Audi as part of a fraud probe against two top Porsche executives and a former employee of the luxury carmaker.

The raid is in connection with the diesel emissions cheating scandal.

In 2015 Volkswagen admitted it used illegal software to manipulate emissions tests on diesel vehicles in the United States, sparking the biggest business crisis in its history.

Motoring journalist and car consultant Ciro De Siena of Cars.co.za says this is not the first raid on the Volkswagen group.

I suspect the German police forces and intelligence services received intelligence that Porsche had some information that would contribute to the ongoing investigation inside Germany and so their offices were raided.

Ciro De Siena, Car Consultant at Cars.co.za

It is not the first raid on the Volkswagen group. I think their own offices and Audi offices were raided lat last year.

Ciro De Siena, Car Consultant at Cars.co.za

It is tricky for them because this is Germany's key export.

Ciro De Siena, Car Consultant at Cars.co.za

Click on the link below to hear the full story....


Recommended

by NEWSROOM AI
Read More
Made in Jozi: Johannesburg's first winery takes off

Made in Jozi: Johannesburg's first winery takes off

Kath Gerakaris of the Gerakaris Family Winery chats to Gugs Mhlungu about creating Joburg's own wine from pressing to bottling.

How Ramaphosa plans to raise 100 billion dollars in new investment

How Ramaphosa plans to raise 100 billion dollars in new investment

Gugulethu Mhlungu spoke to Bloomberg journalist Sam Mkokeli who is in the UK, on President Cyril Ramaphosa's 'ambitious' target.

Long live the spirit of Ontlametse Phalatse, a film to inspire

Long live the spirit of Ontlametse Phalatse, a film to inspire

A documentary about inspirational Ontlametse Phalatse, one of only two South African girls who lived with progeria.

Does pasta make you fat? (not all carbs are considered equal!)

Does pasta make you fat? (not all carbs are considered equal!)

Registered dietitian weighs in on studies suggesting pasta has weight loss properties.

'We believe that there will be substantial interest'

'We believe that there will be substantial interest'

Afriforum outlines plans to prosecute Julius Malema and Gugulethu Mhlungu gets an expert opinion from legal expert Ulrich Roux.

[LISTEN] VW ordered to refund customers it's charged for “on the road fees”

[LISTEN] VW ordered to refund customers it's charged for “on the road fees”

Volkswagen is the latest to be issued with a compliance notice, warning it is wrongfully charging customers an on-the-road fee.

Popular articles
[WATCH] Can you do the Thuso Phala and Vosho as well as this little boy?

[WATCH] Can you do the Thuso Phala and Vosho as well as this little boy?

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

'I’ve never invested in the stock exchange. I know it too well'

'I’ve never invested in the stock exchange. I know it too well'

Bruce Whitfield interviews Prof Lorenzo Fioramonti (UP) about his attitude toward money (hopes, fears, successes, failures, etc.).

Feasibility study for Gautrain expansion completed but no approval yet

Feasibility study for Gautrain expansion completed but no approval yet

MEC for Transport Ismail Vadi says the feasibility study has been submitted to Treasury for consideration and formal approval.

Magashule has never taken responsibility for anything says Mxolisi Dukwana

Magashule has never taken responsibility for anything says Mxolisi Dukwana

Dukwana accuses Magasshule of taking him to Saxonwold and asking him to sign a project over to the Guptas for R2 million a month.

Judge in Omotoso case dismisses defence application to recuse himself

Judge in Omotoso case dismisses defence application to recuse himself

Judge Mandela Makaula has dismissed the defence application saying it has no merit.

'As long as I'm mayor, I'm not going to sit back and watch criminals take over'

'As long as I'm mayor, I'm not going to sit back and watch criminals take over'

City of Johannesburg Executive Mayor Herman Mashaba says criminals cannot be allowed to threaten service delivery in the city.