Park, however, is said to have played no role, as his authority was limited to managing sales at most, according to those close to the matter. On July 8, former VW Korea managing director Park Dong-hoon was resummoned for questioning regarding the carmaker’s emission-cheating. South Korea has announced plans to invest 1.7 trillion won (1.1 billion) in self-driving car technology from 20212027 alongside aiming to get flying cars airborne by 2025. The figure, according to local critics, compares with the $14.7-billion deal Volkswagen reached with its US consumers. Discover short videos related to new volkswagen hover car on TikTok. In addition, the company has pledged to donate 10 billion won (US$ 8.50 million) as a part of its corporate social responsibility program here. According to current environmental laws, VW can recall the problematic cars to fit them with upgraded software. Europe’s largest automaker said in a statement on. South Korean customers have filed class-action suits against VW for compensation, but the German carmaker has refused, saying there are no legal grounds for it to do so. Volkswagen (VLKAF) is looking into flying vehicles in China, becoming the latest automaker to probe the possibilities of personal air travel. After a five-month investigation, the authorities discovered that VW had indeed circumvented local emission control systems in several models including the Audi RS7, Audi A8, Golf 1.4 TSI and the Golf 2.0 GTD. The Volkswagen NILS an electric commuter car for the urban world of the future was designed and engineered to offer a dynamic driving. The sales ban is expected to affect up to 60 percent of the total 250,000 units of VW cars that were sold in South Korea since 2007.ĭue to the staggering number, some industry watchers say the move may be designed to kick the brand out of the market for good, but VW Korea declined to comment on the speculation.Įarlier this year, Korean prosecutors opened a local inquiry into the German carmaker’s emission scandal that came to light in 2015.
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