S.Korea toughens fuel economy rules after Hyundai mileage fiasco

Newswire

SEOUL, April 30 (Reuters) - Carmakers that overstate their vehicles' gasoline mileage will be fined more than $900,000 under new South Korean government rules aimed at reassuring consumers after Hyundai Motor Co's fuel economy fiasco last year. The rules, announced by the Ministry of Trade, Industry and Energy on Tuesday, also reduce the acceptable margin of error on fuel efficiency to three percent from the current five percent. Carmakers will also have to use ...

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