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Audi's head of Sales and Marketing, Abraham Schot, is now the German carmaker's interim chairman. CEO Rupert Stadler was recently taken in custody regarding the VW diesel emissions scandal.
Schot has been the head of for sales and marketing at Audi since September 1, 2017. The company said Stadler has been released from his duties as the member of the Board of Management at both Audi and VW Group upon his request. "This release applies temporarily, until the circumstances that led to his arrest have been clarified," according to a company statement.
"The accused was brought before the investigating judge, who ordered the execution of the pre-trial detention," the Munich public prosecutor's office said in a statement. It added, "We cannot comment on the substance of our background in the light of the ongoing investigations. For Mr Stadler, the presumption of innocence continues to apply."
Stadler denies being involved in the Dieselgate emissions manipulation scandal.
At the Indonesian Motor Show, Toyota unveiled its Rangga compact pickup concept, which previews the pickup truck that will sit below the popular Hilux. Despite its name, the Rangga is essentially an updated version of the IMV 0 concept shown in Thailand last year. It takes its inspiration from the Japanese word "Ronggo", which means a strong, tough hero.
Read MoreThroughout the initial week, all versions are eligible for a special introductory reduction of Rs 10,000. Presenting a trio of models, Ola Electric's fresh entry-level release commences at Rs 89,999 for the 2kWh variant. The middle-tier edition, denoted as the S1 X, is equipped with a larger 3kWh battery and bears a price tag of Rs 99,999. At the pinnacle of the X series rests the S1 X+, which incorporates supplementary connectivity features and is priced at Rs 1,09,999. Until August 21, all three iterations are available with a Rs 10,000 markdown from the previously mentioned prices.
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