Former Audi CEO To Plead Guilty in Diesel Emissions Scandal and Pay $1.2 Million Fine

Stadler knew Audi's vehicles were equipped with software to rig emissions tests but did nothing.
Stadler struck a deal to avoid up to 2.5 years in prison in exchange for confessing and paying a large fine.
Stadler will become the highest-ranking Volkswagen executive convicted in the scandal that cost the company billions.
The scandal revealed in 2015 that 11 million Volkswagen diesel vehicles worldwide were equipped with emissions cheating devices.
The scandal devastated the auto industry and led to declining trust in diesel technology.