South Korean Prosecutors Truly Know How to Make Auto Execs Sweat


There’s a great possibility that the former managing director of Audi Volkswagen Korea will quickly locate himself pleading for a sip of Coke in the course of the 11th hour of a grueling interrogation method.

Park Dong-hoon, now CEO of Renault Samsung Motors, was recently identified as a suspect in South Korea’s investigation into the Volkswagen emissions-cheating scandal, according to Wards Auto. That indicates a date with the “VIP Suite.”

No, there is not champagne and members of the fairer sex pretending to be moderately interested in what you do for a living. The area inside the Seoul Central District Prosecutor’s Workplace is exactly where white-collar suspects in South Korea go for questioning, which can final up to 12 hours. A prison cell is nearby in case prosecutors want to swiftly pick up where they left off the day prior to.

Park ran Volkswagen’s Korean importing operations from 2005 to 2013. Initially referred to as into the VIP Suite this week as a material witness, prosecutors speedily labelled him a suspect, meaning he can count on another date with the room on July 8.

According to Korea’s Yonhap News Agency, “Seoul Prosecutors suspect the German head workplace was conscious of issues relating to the emissions of vehicles equipped with Euro five EA189 diesel engines, primarily based on emails transacted between the nearby unit and headquarters from 2010 to 2011.”

The 63-year-old executive told media that he was unaware of the defeat device-equipped diesel engines although at the helm.

Korean Volkswagen and Audi sales rose exponentially soon after he took the post — volume went from beneath 1,000 units ahead of he arrived to over 30,000 when he left the firm a decade later. Thanks to the scandal, sales are now sliding quickly. June sales were 57.6 percent lower than the very same month in 2015.

German authorities have their own grilling to do. Prosecutors in Volkswagen’s property nation singled out ex-CEO Martin Winterkorn and brand chief Herbert Diess as suspects in the scandal.

[Image: SalFalco/Flickr]

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Jaguar Slashes Costs Since It Truly Needed To


Jaguar-Land Rover might be hunting to expand their manufacturing operations, but it isn’t due to the fact the car side of the company is booming.

Out of the 36 brands sold in the United States, Jaguar is seeded 32nd year-to-date with 10,221 units sold, ahead of Maserati (7,506), Intelligent (4,682), Bentley (1,685) and Alfa Romeo (443), and behind Fiat (28,421), Scion (32,691) and Porsche (34,876).

(Holy crap, Porsche is promoting far more cars than Scion and Fiat!)

To stem the tide, Jaguar is cutting prices and introducing free upkeep in the United States, addressing the two principal issues prospective buyers have with the brand — high obtain pricing and upkeep costs — according to Automotive News.

The Jaguar XF, when the most expensive providing in its segment, received a value reduction of $ 5,275, landing the final MSRP at $ 52,895 with freight. F-Type pricing remains related, but with added equipment for added value. Other models see adjustments amongst $ 1,500 and $ 3,000 either to pricing or enhanced packaging.

The new EliteCare system provides 5-years or 60,000 miles of complementary scheduled upkeep on 2016 model year automobiles.

Hopefully the new F-PACE and entry-level XE, with a beginning price tag of $ 35,895, will turn factors around for the British marque.

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