DAILY AUTOMOTIVE NEWS HEADLINES:

German prosecutors investigate Porsche board member over emissions

German prosecutors are investigating current and former employees of Volkswagen-owned sports car maker Porsche, including a management board member, as part of their inquiries into emissions manipulations, they said on Wednesday.

Around 10 premises in Bavaria and Baden-Wuerttemberg were searched by around 160 officials, the prosecutor’s office in Porsche’s home town of Stuttgart said in a statement.

“The three suspects include a member of the management board and a member of Porsche AG’s higher management. The third suspect is no longer employed at Porsche AG,” it said.

The searches form part of an investigation into employees of Porsche AG suspected of fraud and fraudulent advertising tied to manipulated emissions control systems of diesel passenger cars, the prosecutors said. read more »