South Korean prosecutors raid Volkswagen's local office

Published Fri, Feb 19, 2016 · 02:11 AM

[SEOUL] South Korean prosecutors searched the local office of Volkswagen AG as part of a probe into an emissions case, Yonhap news agency reported on Friday.

The country's environment ministry last month filed a criminal complaint against Johannes Thammer, the head of Volkswagen AG and Audi AG's local unit, saying a recall plan for emissions-cheating cars fell short of legal requirements.

A spokesman for Volkswagen Korea did not have immediate comments.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Transport & Logistics

GM CEO Barra compensation fell 4% in 2023 to US$27.8 million
Boeing reports first revenue drop in 7 quarters as deliveries decline
Volkswagen to keep China market share stable as price war rages
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
Tesla profits tumble but shares rise on new vehicle plan
Volvo Cars see good demand this year after higher Q1 unit sales

Companies & Markets

South Korean prosecutors raid Volkswagen's local office

Transport & Logistics

GM CEO Barra compensation fell 4% in 2023 to US$27.8 million

Boeing reports first revenue drop in 7 quarters as deliveries decline

Volkswagen to keep China market share stable as price war rages

COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill

Tesla profits tumble but shares rise on new vehicle plan

Volvo Cars see good demand this year after higher Q1 unit sales

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT