Oliver Schmidt, the Volkswagen executive incarcerated since January when he tried to return to his native Germany after a Florida vacation, will remain in custody until his trial early next year for 11 felonies tied to the company’s emissions violations, a federal judge said. Schmidt, 48, appeared before Judge Sean Cox in U.S. District Court in Detroit for a hearing on his motion to be released on bond pending his trial. He has been behind bars since he was arrested Jan. 7 at Miami International Airport and charged for his alleged role in Volkswagen’s ongoing diesel emissions scandal.
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