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Business

South Korea to fine Hyundai

Published: 26 Jun 2014 - 11:31 pm | Last Updated: 28 Jan 2022 - 07:10 pm

Hyundai Motor’s Santa Fe vehicles in Incheon, west of Seoul. South Korea’s transport ministry yesterday said it plans to fine Hyundai Motor an estimated 1bn won ($1m) for overstating the fuel economy of its Santa Fe sport utility vehicle (SUV).