REFILE-UPDATE 2-S.Korea to fine Hyundai, 4 foreign carmakers for false mileage ratings

Newswire

(Refiles to fix coding issue) * Santa Fe's mileage is 8 pct lower than stated -transport ministry * Buyers may seek compensation through courts * Industry ministry to fine BMW, Volkswagen, Audi, Chrysler for false ratings SEOUL, June 26 (Reuters) - South Korea will fine Hyundai Motor around 1 billion won ($1 million) for overstating the fuel economy of its Santa Fe sport utility vehicle, almost two years after authorities in the ...

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