VW Executive to Plead Guilty In Wake of U.S. Emissions Probe

By Matt Posky Oliver Schmidt, former top executive at Volkswagen’s environmental and engineering center in Michigan, is ready to plead guilty in a U.S. District Court in Detroit next month.
Schmidt is charged with 11 felony counts relating to VW’s diesel emissions scandal and may be eligible for a maximum sentence of 169 years, according to federal prosecutors.
While the trial isn’t scheduled until August 4th, a spokesman for the court indicated the former-VW executive is seeking a plea deal. The details of the bargain are currently unknown, but it’s likely to involve a reduced sentence in exchange of information on the scandal’s murky history.
“It

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