South Korea on Tuesday suspended sales of 32 Volkswagen Group models and fined the German automaker 17.8 billion won (US$16.06mil), accusing it of forging documents on emissions or noise-level tests.
The move by Asia’s fourth-biggest economy builds pressure on Volkswagen as it struggles to repair its reputation after it admitted in September to using illegal software to hide toxic emissions on about 11 million diesel vehicles worldwide.
Europe’s largest automaker more than tripled sales in South Korea to 35,778 last year, before suffering a slump following the emissions scandal.
South Korea is one of the major markets for its luxury brands like Audi and Bentley.
Click here for Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
The move by Asia’s fourth-biggest economy builds pressure on Volkswagen as it struggles to repair its reputation after it admitted in September to using illegal software to hide toxic emissions on about 11 million diesel vehicles worldwide.
Europe’s largest automaker more than tripled sales in South Korea to 35,778 last year, before suffering a slump following the emissions scandal.
South Korea is one of the major markets for its luxury brands like Audi and Bentley.
No comments:
Post a Comment