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 [...]
SEJONG, Jan. 12 (Korea Bizwire) – The South Korean government said Thursday it has approved German carmaker Volkswagen’s recall measures for its sports utility vehicles that were found to have been sold in the country using fake emissions-related documentation. The Ministry of Environment said the recall plan for 27,000 Tiguans submitted by the auto giant [...]
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, Jan. 6 (Korea Bizwire) – An executive at the local unit of Volkswagen was sentenced to a year and a half in prison Friday on charges of fabricating reports that came to light following the German carmaker’s emissions scandal. The Seoul Central District Court found the executive, identified only by his surname Yoon, guilty [...]
SEOUL, Dec. 26 (Korea Bizwire) – The Ministry of Environment announced Monday a revision to the Clean Air Conservation Act in an effort to improve the country’s legal framework and toughen penalties in the case of a “second” VW emissions scandal that may arise in the future. To begin with, the revision will allow the [...]
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 [...]
SEJONG, Dec. 7 (Korea Bizwire) – Audi Volkswagen Korea, the local unit of the German automaker, was slapped with a record 37.3 billion-won (US$31.9 million) fine for making false advertisements on its cars to cover up its fabricated emissions results, the corporate watchdog said Wednesday. The company had advertised on- and offline that its models [...]
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. 22 (Korea Bizwire) – The South Korean government is set to reveal an investigative report on the potential falsification of emissions documents, with a focus on imported vehicle manufacturers. The results, scheduled to be released by the end of the month, are likely to lead to sales bans and revoked vehicle certifications for [...]
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 [...]