Former Audi exec Hatz to be released from custody, prosecutor's office says

Former Audi exec Hatz to be released from custody, prosecutor's office says

MUNICH -- Former Audi executive Wolfgang Hatz will be released from custody on bail of 3 million euros ($3.5 million), a spokesman for the Munich public prosecutor’s office said.

Hatz, former r&d chief at Porsche and former head of powertrain development at Audi and parent Volkswagen, had been taken into custody in September 2017, a person familiar with the matter said at the time.

The spokesman for the prosecutors office also said that the questioning of suspended Audi CEO Rupert Stadler, who was arrested earlier this month, would continue next week.

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