South Korea agrees to allow local and multinational auto makers to sell diesel-engine passenger cars that meet European standards starting in 2005. The Environmental Committee for Diesel-Engine Cars, a panel of private and state environmental experts, decided to permit the sales of the passenger sedans, with both Euro-3 and Euro-4 standards applied. Hyundai Motor Co. Ltd. and Kia Motors Corp., which both export Euro-3 diesel cars to Europe, expressed satisfaction with the decision, slated ...

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