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South Korea Bans 80 Volkswagen Models, Fines Company $16 Million

South Korea fined German automaker Volkswagen $16 million and banned it from selling 80 different models of cars on Tuesday, saying the company fabricated emissions and noise-level tests. The decision announced by the environmental ministry is the latest blow to Volkswagen, which for the past year has been dealing with the revelation it fitted vehicles with devices to cheat on emissions tests. Last November, South Korea fined Volkswagen $12.7 million and stripped certifications for...

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