Seeking Alpha

Foreign automakers in South Korea could feel pressure on pricing

South Korea could be the next nation to crack down on foreign automakers and suppliers over pricing, warns Automotive News.

A broad probe in China has led to fines and pricing cuts by manufacturers.

The South Korean Fair Trade Commission has already probed BMW (OTCPK:BAMXY), Mercedes-Benz (OTCPK:DDAIF), and Volkswagen (OTCQX:VLKAY) over price fixing.

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