Volkswagen Exec Could Get 169 Years; Top Managers Warned Not to Go on Vacation

Steph Willems
by Steph Willems

After a Volkswagen official was collared in Miami while on vacation, other top company officials have been warned to stay close to home.

Oliver Schmidt, who allegedly lied to environmental regulators to cover up VW’s emissions cheating, was arrested by FBI agents Saturday while returning home from a Cuban holiday. According to Reuters, Schmidt, one of six former or current VW managers indicted on multiple charges this week, could face up to 169 years in a U.S. prison if found guilty.

After the FBI’s lucky airport break, a new report suggests top brass in Wolfsburg are feeling penned in. Kiss that winter vacay goodbye.

Sources inside the company and in the legal world tell Reuters that top-ranking managers at Volkswagen headquarters have been warned not to leave the country. With informants piling up in the U.S., the obvious fear is that Johnny Law could be waiting on the tarmac. Authorities in other countries could extradite the employees to the U.S.

An unnamed company lawyer claims Schmidt, who is being held without bail, was among the managers warned not to stray outside German borders.

Five of the six officials indicted by a U.S. federal court remain in Germany, but the no-fly warning also extends to several employees not facing charges. The first VW employee arrested in the U.S., engineer James Liang, apparently sang like a canary, and is still helping Department of Justice and FBI investigators. That likely led to the charges against the others.

For Schmidt, the eleven felony counts could lead to an “effective life sentence,” one Justice Department official said.

Suspiciously, only a single VW executive appeared at the recent Detroit auto show. Volkswagen brand chief Herbert Diess, who joined the company shortly before the scandal became public, arrived in Detroit alone — a move an unnamed senior VW manager called “bold.”

Earlier this week, VW pleaded guilty to three felony charges and agreed to pay a $4.3 billion civil and criminal settlement.

[Image: Wikimedia Commons ( CC BY 3.0)]

Steph Willems
Steph Willems

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  • Voyager Voyager on Jan 15, 2017

    Ask the Germans to extradite Winterkorn. Has FCA CEO Marchionne set foot on American soil for the Detroit Auto Show?

  • Kmoney Kmoney on Jan 15, 2017

    169 years, reduced to 'time served' for the car ride to the airport until his attorney got him ROR'd. It's America, white-collar criminals don't get meaningful jail sentences...

  • Probert They already have hybrids, but these won't ever be them as they are built on the modular E-GMP skateboard.
  • Justin You guys still looking for that sportbak? I just saw one on the Facebook marketplace in Arizona
  • 28-Cars-Later I cannot remember what happens now, but there are whiteblocks in this period which develop a "tick" like sound which indicates they are toast (maybe head gasket?). Ten or so years ago I looked at an '03 or '04 S60 (I forget why) and I brought my Volvo indy along to tell me if it was worth my time - it ticked and that's when I learned this. This XC90 is probably worth about $300 as it sits, not kidding, and it will cost you conservatively $2500 for an engine swap (all the ones I see on car-part.com have north of 130K miles starting at $1,100 and that's not including freight to a shop, shop labor, other internals to do such as timing belt while engine out etc).
  • 28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
  • AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.
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