South Korea fines German automakers for rigging diesel car emissions

United States News News

South Korea fines German automakers for rigging diesel car emissions
United States Latest News,United States Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

South Korea's anti-trust regulator said on Thursday it would impose a combined fine of 42.3 billion won ($33.48 million) on three German automakers for colluding to rig emissions of its diesel cars using software.

and Audi were involved in collusion that reduced competition and restricted consumer choice, the Korea Fair Trade Commission said in a statement.

Mercedes-Benz was fined 20.7 billion won, BMW 15.7 billion won and Audi 6 billion won, the regulator said, adding that Volkswagen was not fined because it did not earn revenue relevant to the issue.Last year, Mercedes-Benz and its Korean unit wereLatest Updates

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Korea court orders first compensation for Vietnam war victimSouth Korea court orders first compensation for Vietnam war victimA South Korean court ordered the government on Tuesday to compensate a Vietnamese victim of atrocities during the Vietnam War in the 1970s, when about 300,000 South Korean troops fought alongside U.S. forces.
Read more »

In a first, South Korea must compensate a Vietnam War massacre survivorIn a first, South Korea must compensate a Vietnam War massacre survivorIn a historic first, a South Korean court has ordered the government to compensate the survivor of a massacre committed by South Korean troops during the Vietnam War.
Read more »

Court says South Korea responsible for Vietnam War massacreCourt says South Korea responsible for Vietnam War massacreSEOUL, South Korea (AP) — A South Korean court on Tuesday ordered the government to pay 30 million won ($24,000) to a Vietnamese woman who survived a gunshot wound but lost several relatives when South Korean marines rampaged through her village during the Vietnam War in 1968.
Read more »

Apple confirms Apple Pay will debut in South Korea in the coming monthsApple confirms Apple Pay will debut in South Korea in the coming monthsApple Pay is set to come to South Korea for a while now. Fortunately, Apple and Hyundai confirmed it will launch in the coming months.
Read more »

South Korea’s Hybe Acquires Atlanta Hip-Hop Label Quality ControlSouth Korea’s Hybe Acquires Atlanta Hip-Hop Label Quality ControlThe influential label developed Migos, Lil Baby, Lil Yachty and City Girls.
Read more »



Render Time: 2025-02-21 22:32:27