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  • The charges made against Volkswagen are unjustified
  • The allegations of a possible breach of reporting obligations under capital markets law are unsubstantiated 
  • In light of the approach taken by US authorities in comparable cases, the anticipated financial consequences were not material        
  • The paradigm shift made by the US authorities could not be foreseen 
  • The compliance breach was regarded by the Board of Management as not material and therefore not subject to ad hoc disclosure

Volkswagen AG considers the indictment of the company for alleged market manipulation as a result of an alleged failure to make an ad hoc disclosure in connection with the diesel issue in the United States in 2015 to be unfounded and strongly rejects the allegations by the Braunschweig Public Prosecutor’s Office.

Media contacts

Nicolai Laude
Head of Litigation Communications
Tel. +49 (0) 5361 / 9-25097
Michael Manske
Spokesperson Litigation Communications Criminal Proceedings
Tel. +49 (0) 5361 / 9-198466