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Motor1
Motor1
Sport
Angel Sergeev

S. Korea Fines Mercedes, BMW, Audi For Colluding To Manipulate Diesel Emissions

Mercedes BMW Audi European Commission Volkswagen KFTC MercedesBenz

South Korea announced last week it will fine Mercedes-Benz, Volkswagen, BMW, and Audi through its antitrust regulator for colluding to manipulate polluting emissions of diesel cars in the country. The ministerial-level central administrative organization will impose a combined fine of 42.3 billion won (around $33.48 million with the current exchange rates).

According to Automotive News, the Korea Fair Trade Commission (KFTC) fined Mercedes 20.7 billion won, BMW 15.7 billion won, and Audi 6 billion won. Interestingly, Volkswagen wasn’t given a financial fine as it didn’t earn revenue relevant to the issue. The organization said the collusion reduced competition and restricted consumer choice.

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