Mercedes Benz was fined by South Korea's antitrust regulator on Monday, Feb 7. The German luxury automotive company must pay a ₩20.2 billion or $16.9 million penalty due to emission violations.
According to Reuters, the Korea Fair Trade Commission (KFTC) made the decision to serve the fine to the Korean unit of Mercedes Benz because it was found to have tampered with pollution devices. It was reported that the automaker installed illegal software in some of its units, and this was done to make them perform at lower levels in normal driving conditions compared to during certification tests.
The KFTC said that Mercedes Benz Korea posted false ads related to the gas emissions of its diesel passenger vehicles. It was discovered that 15 of the brand's vehicle models had illegal software installed in them.
"It is meaningful to impose sanctions against the country's No.1 imported car sales operator for obstructing consumers' rational purchase choices with false and deceptive advertisements about its emission reduction performance even after the Dieselgate scandal," the Korean antitrust watchdog said in a statement.
Moreover, Mercedes Benz Korea was also said to have falsely claimed that their vehicles' emissions stay at a minimum level. The carmaker advertised that some of its diesel models have the capability of reducing 90% of nitrogen oxide emissions which is the primary cause of fine dust, but the KFTC said that this is not true.
The Fair Trade Commission also said that the car company claimed the vehicles' emissions conform to the Euro 6 standards between the years August 2013 and December 2016. These claims were said to have been extensively posted on Mercedes Benz's magazines, catalogs, brochures, and even inside the cars.
The claims are different from what KFTC had discovered. The nation's regulator stated the company's selective catalytic reduction systems that can help lower emissions have excessively deteriorated just after 30 minutes of driving. Plus, the vehicles emitted up to 14 times more nitrogen oxide than what the Korean environmental regulations allow.
The Korea Herald reported that Mercedes Benz Korea contradicted the findings and said that 90% of its vehicles are mostly driven for under 30 minutes in the country. The company added that the "SCR reduces 90 percent of nitrogen oxide" phrase that appears in their ads is a commonly used phrase in the vehicle industry and academia.


Japan Manufacturing PMI Jumps to Four-Year High as Global Demand Strengthens
Australia Housing Market Hits Record High Despite RBA Rate Hike
Dominican Republic Unveils Massive Rare Earth Deposits to Boost High-Tech and Energy Sectors
Gold Prices Steady in Asia, Set for Strong February Gains on Safe-Haven Demand
Greg Abel’s First Berkshire Hathaway Shareholder Letter Signals Continuity, Caution, and Capital Discipline
PBOC Scraps Forex Risk Reserve as Yuan Rally Pressures Chinese Exporters
Global Markets React as Dollar Surges, Swiss Franc Rallies After U.S.-Israel Strike on Iran
Australia Targets AI Platforms With Strict Age Verification Rules
Flare, Xaman Roll Out One-Click DeFi Vault for XRP Yield via XRPL Wallets
AWS Data Center in UAE Hit by Fire After Objects Strike Facility Amid Regional Tensions
FedEx Faces Class Action Lawsuit Over Tariff Refunds After Supreme Court Ruling
Hyundai Motor Group to Invest $6.26 Billion in AI Data Center, Robotics and Renewable Energy Projects in South Korea
Australian Job Advertisements Hit 16-Month High as Labour Market Stays Resilient
Trump Orders Federal Agencies to Halt Use of Anthropic AI Technology
Asian Stocks Tumble as US-Iran Conflict Escalates and Oil Prices Surge
Argentina Tax Reform 2026: President Javier Milei Pushes Lower Taxes and Structural Changes
Tokyo Core Inflation Slows Below 2%, Complicating BOJ Rate Hike Outlook 



