10 South Korean automakers fined 10.26 billion won for selling vehicles with subpar safety standards.
10 South Korean automakers, including Hyundai Motor, Volkswagen Group Korea, Mercedes-Benz Korea, and others, were fined a total of 10.26 billion won (7.7 million USD) for selling vehicles with subpar safety standards. The fines, imposed by the Ministry of Land, Infrastructure and Transport, were based on corrective measures against inappropriate safety standards between January and June 2023.
March 20, 2024
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