Scattering Automotive Scandal 2018, Starts Fines Trillions of Audi Until Carlos Ghosn Is Fired ~ The automotive world is also inseparable from scandals that harm the company’s internal. Besides that, it will certainly affect consumers and investors.
Like a number of automotive manufacturers who tripped over the problem, they had to be willing to value their shares down and be fined with fantastic value. Following the biggest automotive scandal that occurred during 2018.
This case began in September 2015. This German manufacturer violated the development of the powertrain repeatedly and for a long period of time. At least there have been 10.7 million vehicles produced from mid-2007 to 2015 that use this platform. Diesel engines with unauthorized software functions are coded EA288 (third generation) and EA189.
As a result of this scandal, Volkswagen must be willing to pay a maximum fine of EUR 5 million, equivalent to the current European exchange rate, June 2018) and the neglect of economic benefits of EUR 995 million or Rp. 16 trillion.
2.Audi Fined IDR 14 Trillion and Broke CEO
The Volkswagen dieselgate scandal also affected its subsidiary, Audi. Material due to this scandal, Audi CEO Rupert Stadler was also fired. because, Stadler is reportedly unwilling to work together, even tends to hinder the investigation process.
Previously, the CEO of VOlkswagen, Martin Winterkom, who was known to have good relations with Stadler was also fired in September 2015.
Similar to Volkswagen, Audi also cannot avoid the fine of the authorities. The amount is no less fantastic, on October 16, 2018 Audi was fined EUR 800 million or Rp 14 trillion (Euro rate at that time, October 2018). At that time, the Attorney in Munich also considered the same sentence for Audi, such as VW.
3.Carlos Ghosn Fired
Renault-Nissan-Mitsubishi CEO Carlos Ghosn was arrested in Japan on charges of not reporting full compensation. Ghosn was arrested along with Representative Director Greg Kelly. According to the Whistleblower , which was reported by Carscoops , Nissan has confirmed that it had carried out an internal investigation involving Ghosn and Kelly for years.
Local media said that Ghosn was accused of not reporting around JPY 5 billion, equivalent to Rp. 648.7 billion (JPY 1 = Rp. 129) of income within a period of 5 years. This was also accompanied by other violations of the Japanese financial law. In the end, Ghosn was fired by Nissan even though Renault still retained it.