SEOUL, Feb. 6 (Korea Bizwire) — A Seoul court on Thursday levied a fine of 26 billion won (US$22 million) on Audi Volkswagen Korea (AVK), the local unit of the German carmakers, for fabricating emissions test results for their cars imported here and producing false advertisements for them. The Seoul Central District Court handed out [...]
SEOUL, Aug. 3 (Korea Bizwire) – Audi Volkswagen Korea Ltd., a global sales unit of Audi AG, is speeding up preparations to resume sales in South Korea within this year, Seoul officials said Thursday. On July 25 last year, Audi Volkswagen Korea, which was selling passenger cars under marques such as Audi, Bentley, Lamborghini, Porshe [...]
SEOUL, Feb. 24 (Korea Bizwire) – A Seoul court on Friday held the first hearing on a compensation suit filed by hundreds of South Korean customers against German carmaker Volkswagen over vehicles with manipulated emissions data. During the hearing held at the Seoul Central District Court, a total of 259 plaintiffs demanded the cancellation of [...]
SEOUL, Feb. 21 (Korea Bizwire) – Audi Volkswagen Korea has finally come up with a solution to save itself from plunging consumer confidence – an 871-dollar (1 million won) voucher to each of its car owners as part of a program rather ironically dubbed the “We Care Campaign” – the first compensation of any kind [...]
SEOUL, Jan. 13 (Korea Bizwire) – Audi Volkswagen Korea, the local importer and distributor of the German brands, is moving to introduce a new car in South Korea that will mark the first car to be launched here since its emissions scandal that has led to a sales ban on most of its vehicle models, [...]
SEOUL, Jan. 11 (Korea Bizwire) – Seoul prosecutors on Wednesday indicted former and incumbent chief executives of Volkswagen’s Korea operations on charges of fabricating official documents, wrapping up a year-long investigation into the German carmaker’s emissions cheating scandal. Johannes Thammer, who has led Audi Volkswagen Korea (AVK) since late 2012, was charged with violating the [...]
SEOUL, Dec. 2 (Korea Bizwire) – More than a year after the VW emissions scandal first broke, Audi Volkswagen Korea may finally have its recall plan for 126,000 diesel vehicles approved by the South Korean government, and move forward with its local operations, which have been crippled for months after the Ministry of Environment banned [...]
SEOUL, April 8 (Korea Bizwire) – Audi Volkswagen Korea has come up short in a suit filed against the Fair Trade Commission (FTC) after facing sanctions for paying power bloggers to write positive reviews about its vehicles. On April 7, The Seoul High Court ruled that Audi failed in its appeal against the FTC. The plaintiff [...]
SEJONG, March 31 (Korea Bizwire) – BMW Korea Co., the local unit of the German carmaker, will recall a combined 3,296 of the 3 series and 5 series sedans for problems with their airbags as part of the company’s worldwide recall plan, the South Korean transportation ministry said Thursday. The models’ airbags, produced by Japan’s Takata Corp., [...]
SEOUL, March 18 (Korea Bizwire) – South Korean prosecutors raided Volkswagen AG’s vehicle inspection center Friday as authorities crack down on the German automaker’s tardiness in recalling cars that faked emission tests, officials said. The Seoul Central District Prosecutors’ Office said computer hard drives and documents on Volkswagen vehicles’ emissions results have been confiscated from [...]