SEJONG, Jan. 16 (Korea Bizwire) — South Korea’s antitrust watchdog said Wednesday that it has fined Nissan Korea 900 million won (US$804,000) for inflating gas mileage figures for its Infiniti Q50 2.2d sedans. The Japanese car’s fuel efficiency reaches 14.6 kilometers per liter, but the local unit of the Japanese carmaker overstated the fuel efficiency [...]
SEOUL, Aug. 24 (Korea Bizwire) – A recent survey by Ford Motor Company has revealed that Korean consumers are particularly sensitive to the cost of automobile fuel compared to their counterparts from other Asia-Pacific countries, despite their relative indifference to gas mileage. According to Ford’s EcoBoost Survey, which queried 9,500 participants from 11 Asia-Pacific countries [...]
SEOUL, Dec. 24 (Korea Bizwire) - South Korea will launch a probe into the fuel efficiency of Volkswagen vehicles that have emissions that have been manipulated to meet tightened environmental regulations, a government official close to the matter said Thursday. The investigation follows the transportation ministry’s internal conclusion that there is a “correlation” between the German [...]
SEOUL, Sept. 24 (Korea Bizwire) — The proportion of diesel-engine cars among newly registered vehicles in South Korea hit an all-time high during the first half of this year, pointing to their strong popularity among fuel efficiency-conscious consumers, industry data showed Thursday. The strong presence of diesel cars over gasoline-engine vehicles, however, could weaken as [...]
SEOUL, Sept. 23 (Korea Bizwire) — South Korea will conduct fuel efficiency tests on imported Volkswagen models again amid a growing controversy over the German carmaker accused of cheating diesel engine emission test results, government and industry sources said Wednesday. Last week, the U.S. Environmental Protection Agency said that Volkswagen used software that activates emission [...]
SEOUL, Aug. 12 (Korea Bizwire) – Hyundai Motor has started advertising for applicants to participate in the ’2015 Hyundai Eco Driving Challenge’. This is a competition to pick an individual who drives while using fuel the most efficiently. The contest will be held at a circuit where the conditions are harsh on fuel efficiency, with sharp [...]
SEOUL, May 28 (Korea Bizwire) – Controversy is mounting in South Korea on Thursday over Audi‘s alleged exaggeration of fuel efficiency for one of its most popular models as the German carmaker takes issue with a methodology that the government used in reviewing its reported mileage. According to the transportation ministry, the fuel efficiency reported [...]
SEOUL, March 8 (Korea Bizwire) – Two of the four foreign automakers fined for allegedly exaggerating fuel efficiency in South Korea have not paid the penalties, as they seem to worry that paying the fines could be seen as admitting to having lied to their customers, industry sources said Sunday. Late last year, the Ministry [...]
SEJONG, Jan. 7 (Korea Bizwire) – The South Korean government has imposed fines on four foreign automakers, including German automaker Audi and Chrysler of the United States, for inflating the fuel efficiency of their vehicles sold here, an official said Wednesday. “The government imposed a fine of between 3 million won and 4 million won (US$2,720-$3,630) [...]
SEOUL, June 12 (Korea Bizwire) – Background of the hot sales of imported wheels lies their good fuel efficiency. According to a recent survey, imported cars attract domestic buyers with their higher fuel efficiency and they purchase foreign cars for that reason, while domestic cars appeal the buyers with their exterior looks and Korean consumers [...]