South Korea files criminal charges against Volkswagen

Volkswagen's problems continue to mount in South Korea, where it faces criminal charges and a record fine of over $31 million (around AED 113 million) for making false advertising claims about diesel emissions. South Korea has already suspended most sales of the German automaker since August. The country's trade regulator said Volkswagen had falsely claiming their Korean fleet matched the European Union’s strict emission standards. According to media reports, this is the largest fine levied for false advertising.

Ira Spitzer reports from Berlin

More from Business

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.