South Korea To Impose $63.1 Million Fine On BMW, Mercedes-Benz, & Porsche For Emissions Violations

The government of South Korea will be imposing a combined fine of 70.3 billion won (~$63.1 million) on BMW AG, Mercedes-Benz, and Porsche for the violation of various emissions rules, the country’s Ministry of Environment has revealed.

To be more specific, BMW will be fined a total of 60.8 billion won for the falsification of documents relating to emissions testing results, and also for failure to obtain regulatory approval for changes made to emission-control components in vehicles being sold.

Accordingly, Mercedes-Benz will be fined a total of 7.8 billion won for failure to obtain approval for changes made to emission-control components in vehicles being sold; and Porsche will be fined a total of 1.7 billion won for the same.

“Seoul Main Customs, part of the country’s customs agency, have also asked prosecutors to probe the three units for violation of customs law such as illegal imports, the ministry added,” Reuters reports.

“Certificates of fuel efficiency will be canceled by mid-November and sales to be stopped for 28 BMW models, the ministry said. This measure will not affect cars that have already been sold, it added.”

Unsurprisingly, the three German companies in question have effectively all denied culpability publicly and dismissed the problems cited by regulators in South Korea … all while also stating that they are fully cooperating with authorities. Corporate-speak at its finest…

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