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Hankook Tire Supplies Tires for Porsche Cayenne SUV

Hankook Tire Supplies Tires for Porsche Cayenne SUV

SEOUL, Oct. 7 (Korea Bizwire) — Hankook Tire & Technology Co., the world’s sixth-largest tiremaker by sales, said Monday it began to supply tires for Porsche’s Cayenne sport utility vehicle in June. Hankook Tire supplies the high-performance Ventus S1 evo 3 SUV tires for the high-performance Cayenne in the form of original equipment (OE) tires, [...]

S. Korea to Ban Audi, Volkswagen, Porsche Models for Emission Rigging

S. Korea to Ban Audi, Volkswagen, Porsche Models for Emission Rigging

SEOUL, Aug. 20 (Korea Bizwire) — South Korea will ban domestic sales of eight models of Audi, Volkswagen and Porsche diesel cars for violating emissions regulations, the Ministry of Environment said Tuesday. The ministry said it will also slap fines on Audi Volkswagen Korea and Porsche Korea and seek a prosecution investigation. The ministry’s probe [...]

Porsche Korea Ignores Refund Order After Cayenne Breakdown

Porsche Korea Ignores Refund Order After Cayenne Breakdown

SEOUL, Nov. 22 (Korea Bizwire) — Porsche, a high-end sports car brand, is at the center of criticism as the company reportedly demonstrated inappropriate behavior not only towards customers, but also towards the South Korean government. Yonhap News TV reported that a Porsche worth over 100 million won (US$ 88,500) stopped due to engine failure, [...]

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

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 [...]

S. Korea to Ban Sales of Nissan, BMW, Porsche Vehicles over Fabricated Reports

S. Korea to Ban Sales of Nissan, BMW, Porsche Vehicles over Fabricated Reports

SEOUL, Nov. 29 (Korea Bizwire) – The South Korean government said Tuesday it will ban sales of six models by three foreign automakers, accusing them of fabricating reports to win sales approval from the local government.  The Ministry of Environment said it detected defects in the certification documents of 10 vehicle models from the local [...]