German prosecutors on Thursday, August 20, dropped their investigation against the former chief of Volkswagen and the head of Porsche for suspected market manipulation in relation to the long-running"dieselgate" scandal.
Porsche SE chief Hans Dieter Poetsch and former VW chief executive Matthias Mueller were both under investigation. However, a probe continues in Stuttgart into Mueller's predecessor at VW, Martin Winterkorn, a spokeswoman told news agency DPA.Porsche SE welcomed the termination of the investigations. The"dieselgate" controversy erupted in 2015 when the Wolfsburg-based auto giant admitted to manipulating 11 million vehicles to make them seem less polluting in lab tests than they actually were on the road.
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