South Korea Fines Volkswagen A Second Time For Emissions Violations

South Korea said it will file criminal complaints against five former and current executives at Volkswagen Group's South Korean unit and fine the company a record 37.3 billion won ($31.87 million) for false advertising on vehicle emissions.

The fine, a record for false advertising in the Asian country, indicates South Korean authorities are in no mood to soften their tough line on the automaker's emissions-test cheating, having already suspended most of its sales in the country since August.

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MDarringer - 12/7/2016 9:23:56 AM

0 Boost

Delicious.

TheSteve - 12/7/2016 1:16:57 PM

+1 Boost

US$32M? Just a drop in the bucket, or the cost of doing (crooked) business.

TomM - 12/8/2016 7:23:17 AM

+1 Boost

That Amount PLUS the loss of sales - because most VW sales are suspended in Korea. However - one must think that this is direct support for the Korean manufacturers - too - because they are starting the fall that the Japanese went through - local labor costs are now moving up due to strikes and manufacturers are looking elsewhere for lower costs.