Auto major Volkswagen. (File photo | Reuters) 
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Volkswagen CEO under probe for Dieselgate market manipulation: Prosecutors

Mueller is suspected of "knowingly delaying the release of information with financial consequences" for the holding company of Volkswagen.

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FRANKFURT AM MAIN: German prosecutors said Wednesday they had opened a new investigation into Volkswagen chief executive Matthias Mueller and others over market manipulation in the wake of the carmaker's 'dieselgate' scandal.

Mueller is suspected of "knowingly delaying the release of information with financial consequences for Porsche SE", the holding company which controls the world's largest carmaker, prosecutors in the southwestern city of Stuttgart said.

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