Seoul, Dec 10
The transport ministry here said on Tuesday it has imposed fines totalling 11.7 billion won ($8.16 million) on 18 foreign and domestic automakers for selling cars with inadequate safety standards.
Of those, the imported brands included BMW Korea, Honda Korea, Mercedes-Benz Korea and Tesla Korea, while the domestic manufacturers included Hyundai Motor Co., Kia Corp. and KG Mobility Corp., according to the ministry.
The ministry said the fines were based on corrective measures against defective parts of the companies' models from July to December of last year, reports news agency.
BMW Korea received the largest fine of 2.99 billion won over issues involving defective steering wheels in 13 models.
KG Mobility was given a 1.88 billion-won fine, followed by Honda Korea with 1.09 billion won, Renault Korea with 1 billion won and Mercedes-Benz Korea with 899 million won.