Plenty has happened in the world of car news over the last 24 hours. If you haven't had time to read all the news on CarAdvice.com, catch up on your way home with Car News Daily, as Mandy Turner reads each news story word-for-word.
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Dieselgate: Volkswagen Australia settles class actions with $127 million payout
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Volkswagen Australia has reached a settlement with plaintiffs representing Australian consumers affected by the Volkswagen dieselgate scandal.
The settlement was reached on a 'no-admission' basis with plaintiffs representing five lawsuits against the company in Australia.
Former Audi CEO, Rupert Stadler, has been formally charged over his alleged role in the Dieselgate emissions cheating scandal.
A statement from the Munich public prosecutors office stated Stadler is "accused of having been aware of the manipulations since the end of September 2015, at the latest, but he did not prevent the sale of affected Audi and Volkswagen vehicles thereafter”.
Audi has formally appointed Bram Schot as permanent CEO, a role he was given on an interim-basis after the arrest of previous CEO Rupert Stadler.
In announcing the appointment, Herbert Diess, head of the Volkswagen Group, said Schot had done a "convincing job in recent months... [in] pushing forward with the cultural change in his team and is effectively tackling the current challenges".
Audi fined $1.3 billion in Germany over Dieselgate engines
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Audi has been fined €800 million ($1.3 billion) for regulatory breaches in relation the V6 and V8 turbo-diesel engines engulfed in the Dieselgate emissions scandal.
The fine was handed down via an administrative order from the Munich public prosecutors office. In a statement, Audi says it "accepts the fine, and, by doing so, admits its responsibility".