Audi Chief Executive Officer, Rupert Stadler arrested

REUTERS - Audi Chief Executive Rupert Stadler was arrested today (June 18), according to a spokesman for parent company Volkswagen. "We confirm that Mr Stadler was arrested this morning. The hearing to determine whether he will be remanded is ongoing," the spokesman said by phone, adding that the presumption of innocence applied to Stadler's case. Audi had no immediate comment. Munich prosecutors and Stadler himself were not immediately available for comment.