Foreign News

South Korea Fines Mercedes $16.9m

Written by Yusuf Zubairu

A Mercedes Benz logo is pictured at a Mercedes Benz branch in Stuttgart, Germany. April 15, 2019. Photo: Reuters

South Korea’s antitrust regulator on Monday says it decided to fine German carmaker Mercedes-Benz and its Korean unit 20.2 billion won ($16.9 million) for false advertising tied to gas emissions of its diesel passenger vehicles.

Reuters