Volkswagen Exec Arrested In Diesel Scandal
When Volkswagen first got caught cheating emissions tests in 2014, Oliver Schmidt was right to think his company might have a problem. “It should first be decided whether we are honest,” he said in an email to a Volkswagen colleague in April 2014. Schmidt was working as an executive over emissions testing in the United States at the time, but was transferred to Germany after the revelations led to a fiasco that has cost the company so far about $20 billion to pay for recalls, settlements, and criminal defense....