SEOUL, Jun. 20 (Korea Bizwire) — Hyundai Motor Group, the world’s fifth-largest auto-making conglomerate by sales, said Wednesday that it has signed a multi-year patent cross-licensing deal with Audi AG on a broad range of fuel cell electric vehicle components and technologies. The agreement — signed between Hyundai Motor Co. and Audi — covers existing [...]
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, Aug. 1 (Korea Bizwire) — With European authorities set to look into allegations of collusion involving a number of German carmakers, one South Korean lawyer has urged the government to follow suit to protect South Korean consumers. Ha Jong-sun, from the firm Barun Law, told the press on Monday that he had submitted a [...]
SEOUL, May 18 (Korea Bizwire) – Audi Volkswagen Korea is expected to restart sales of its Audi models soon after months of suspension following emissions and certification scandals, auto industry officials said Thursday. The local unit of the German carmaker has already begun sales of the top luxury Bentley line this month, including the newly [...]
SEOUL, April 10 (Korea Bizwire) – South Korea sent back 2,500 vehicles manufactured by Audi and Volkswagen in line with the government’s sales ban following the German carmakers’ emissions scandal last year, industry sources said Monday. According to the sources, the automobiles, including Tiguan and Golf models, have been held at a port in Pyeongtaek, [...]
SEOUL, Jan. 18 (Korea Bizwire) – A senior executive of German carmaker Volkswagen visited Seoul prosecutions’ office on Wednesday and apologized to South Korean customers for the emissions scandal surrounding some of its vehicles. Francisco Javier Garcia Sanz, a member of Volkswagen AG’s Board of Management, visited the Seoul Central District Prosecutors’ Office to discuss [...]
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, Dec. 8 (Korea Bizwire) – Imported car sales in South Korea are expected to suffer an on-year fall this year for the first time in seven years, apparently affected by weaker demand for diesel cars and sales bans of popular models, industry sources said Thursday. A total of 205,162 imported vehicles have been sold [...]
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, Nov. 17 (Korea Bizwire) – Korean Audi owners filed a lawsuit Thursday against Volkswagen Group, Audi Volkswagen Korea, and local dealerships, following the recent disclosure that certain Audi vehicles have the technology to distort CO2 emissions when they are tested. According to sources, 19 Audi owners filed a damages suit with the Seoul Central [...]