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 [...]
SEOUL, Oct. 20 (Korea Bizwire) – According to Barun Law, a local law firm representing 5,354 owners of Volkswagen vehicles affected by the company’s emissions scandal, the Constitutional Court of Korea is set to deliberate on its previously filed constitutional complaint, which asked the government to issue a replacement order for the vehicles. No recall [...]
SEOUL, Oct. 7 (Korea Bizwire) – Sales of imported cars in South Korea continued to drop sharply from a year earlier last month following the recent ban on sales of 80 Audi and Volkswagen car models here after an emissions scandal, industry data showed Friday. In September, 16,778 new imported cars were registered, according to [...]
SEOUL, Sept. 21 (Korea Bizwire) – A senior official at the headquarters of German carmaker Volkswagen appeared before Seoul prosecutors on Wednesday to undergo questioning over its emissions scandal. The Seoul Central District Prosecutors’ Office called in the executive in charge of the automaker’s certification process to gain insight during the probe into its South [...]
SEOUL, Sept. 20 (Korea Bizwire) – Barun Law, a law firm representing Volkswagen owners in lawsuits against the automaker, is planning to file a constitutional complaint Tuesday against the Ministry of Environment for not issuing a replacement order for the vehicles affected by the scandal. A constitutional complaint, or a constitutional petition, is part of [...]
SEOUL, Sept. 6 (Korea Bizwire) – It’s not the best of times for overseas automakers in Korea. With the government banning the sale of 80 Audi-Volkswagen vehicle models following the company’s emissions scandal, and a special consumption tax policy (lowered tax on vehicle purchases) finally coming to an end, sales of imported vehicles saw a [...]
SEOUL, Aug. 22 (Korea Bizwire) – With lingering effects from Volkswagen emissions scandal still on the Korean automotive market, other automakers have gradually reaped benefits. But most recently, Renault Samsung Motors is enjoying the brisk sales of its latest SM6 models. The Korean subsidiary of Groupe Renault said Sunday that August sales of its latest mid-sized [...]