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Mercedes, BMW, Porsche Fined 70 Billion Won for False Certification Papers

SEOUL, Nov. 9 (Korea Bizwire) – The local units of Mercedes-Benz, BMW and Porsche have been fined a combined 70.3 billion won (US$63.1 million) for falsifying documents required for government certification that grants them domestic sales, the environment ministry said Thursday. The three foreign automakers were found to have forged certain specifications or types of the vehicles’ parts to make it look as though they meet the local standards, between [...]

Mercedes Benz, Volkswagen to Recall Vehicles to Address Faulty Parts

SEOUL, Aug. 31 (Korea Bizwire) — Mercedes-Benz, Volkswagen and two vehicle importers will recall over 40,000 vehicles in South Korea for faulty parts, the transport ministry said Thursday. This is the latest in a series of recall orders issued by the Ministry of Land, Infrastructure and Transport to both domestic and foreign carmakers. The carmakers, [...]

Kia Ray, Mercedes Benz E-Class Fastest Selling Used Cars at SK Encar

SEOUL, Aug. 24 (Korea Bizwire) — Used car dealer SK Encar released a report on August 23 that showed that the Kia Ray and Mercedes Benz E-Class were the fastest-selling cars in their respective categories. The company combed through its website data from the past two months to compare the amount time from when a [...]