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S. Korea Again Rejects Volkswagen’s Recall Plan

S. Korea Again Rejects Volkswagen’s Recall Plan

SEJONG, Jun. 7 (Korea Bizwire) — South Korea’s environment ministry said Tuesday it has again rejected Volkswagen’s plan to recall its vehicles that fabricated emissions results, saying the local unit of the German carmaker did not admit to using a defeat device to trick vehicle testing. The Ministry of Environment disapproved the plan submitted by [...]

Prosecutors Confiscate Hundreds of Volkswagen Vehicles

Prosecutors Confiscate Hundreds of Volkswagen Vehicles

SEOUL, June 1 (Korea Bizwire) – Prosecutors said Wednesday they have confiscated some 950 vehicles of the South Korean unit of the German carmaker Volkswagen, equipped with its new engine model, amid a probe into the company’s emissions scandal.  The Seoul Central District Prosecutors’ Office said three of Audi Volkswagen Korea’s models — Audi A1, [...]

Volkswagen Gives Korean Customers the Cold Shoulder after Emissions Scandal

Volkswagen Gives Korean Customers the Cold Shoulder after Emissions Scandal

SEOUL, May 20 (Korea Bizwire) – Volkswagen AG, the German automaker, recently initiated a set of compensatory measures in the U.S. and Japan for customers whose vehicles provided manipulated, erroneous emissions data. South Korean customers, however, seem to be left out of said measures, industry sources said on Friday.  According to the Korea Automobile Manufacturers’ Association [...]

Prosecutors raid Volkswagen Korea over Emissions Scandal

Prosecutors raid Volkswagen Korea over Emissions Scandal

SEOUL, March 18 (Korea Bizwire) – South Korean prosecutors raided Volkswagen AG’s vehicle inspection center Friday as authorities crack down on the German automaker’s tardiness in recalling cars that faked emission tests, officials said. The Seoul Central District Prosecutors’ Office said computer hard drives and documents on Volkswagen vehicles’ emissions results have been confiscated from [...]

Major Imported Car Brands not to Offer Tax Refunds

Major Imported Car Brands not to Offer Tax Refunds

SEOUL, Feb. 25 (Korea Bizwire) - Major foreign brands selling cars in South Korea have decided not to offer any refunds to their customers despite the government’s recent tax cut, claiming that it has already been reflected in their ramped-up sales promotions, company officials said Thursday. The government ended a 1.5-percentage-point excise tax cut at the [...]