SEOUL, Jan. 20 (Korea Bizwire) – Volkswagen Group and its local unit in South Korea are facing another class-action lawsuit over their manipulation of emissions for some of its 3-liter diesel models in the United States, a local law firm said Wednesday. This is in addition to the ongoing class-action suit filed by customers of [...]
SEOUL, Jan. 15 (Korea Bizwire) - South Korea could file a criminal complaint against the local unit of Volkswagen with the prosecution unless the German carmaker provides required data and information needed for its planned emissions testing, a government source said Friday. In November, the environment ministry ordered Volkswagen Korea to recall about 125,000 vehicles whose [...]
SEOUL, Jan. 6 (Korea Bizwire) - German carmaking giant Volkswagen submitted a recall plan to the South Korean government on Wednesday for its vehicles whose emission results were found to have been faked, claiming that there will be no change in fuel efficiency and power even after removing the so-called “defeat device,” officials and industry [...]
SEOUL, Dec. 24 (Korea Bizwire) - South Korea will launch a probe into the fuel efficiency of Volkswagen vehicles that have emissions that have been manipulated to meet tightened environmental regulations, a government official close to the matter said Thursday. The investigation follows the transportation ministry’s internal conclusion that there is a “correlation” between the German [...]
SEOUL, Dec. 8 (Korea Bizwire) – Over 3,000 owners of Volkswagen vehicles in South Korea are participating in a class-action lawsuit against the German auto giant, demanding the cancellation of their purchases and full refunds, industry sources said Tuesday. According to the sources, about 3,200 customers of Volkswagen and its luxury brand Audi have joined [...]
SEOUL, Dec.4 (Korea Bizwire) – Embattled German automaker Volkswagen’s sales in South Korea more than quadrupled in November on the back of large-scale incentives and promotions, helping it overcome the aftermath of a worldwide emissions scandal that made the news in October. Volkswagen eased Korean consumers’ concerns with an exceptional interest-free installment deal, attracting clients [...]
SEOUL, Nov. 24 (Korea Bizwire) – German auto giant Volkswagen is not responding to South Korean customers demanding the same kind of compensation as granted in North America for fabricating emission results of some of its vehicles, their legal representatives said Tuesday. Barun, which spearheads a class-action lawsuit against Volkswagen and its luxury brand Audi [...]
SEOUL, Oct. 5 (Korea Bizwire) - Penalties for violations of car safety and environmental standards are expected to reach as much as 10 billion won due to the recent Volkswagen emissions scandal. Criticism was brought up that the recent limitation for penalties, currently set at 1 billion won, is too low to have any effectiveness. According [...]
SEOUL, Oct. 2 (Korea Bizwire) – With Fiat-Chrysler also creating controversy by manipulating the number of accidents caused by their cars not long after Volkswagen slapped the whole world in the face, the credibility of foreign motor brands is dropping faster than the temperature these days. Sales of foreign cars over the past two weeks have decreased [...]
SEJONG, Sept. 29 (Korea Bizwire) – South Korea can penalize German automaker Volkswagen AG for cheating on its vehicle emissions under a free trade deal with the European Union (EU), the government said Tuesday. According to the environment ministry, the free trade agreement (FTA) reached between the EU and Asia’s fourth-largest economy and South Korea’s [...]