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August 15, 2018
[THE INVESTOR] The Ministry of Land, Infrastructure and Transport on Aug. 14 literally slammed the brakes on BMW by ordering municipal governments to take all its vehicles off local roads until they have all been inspected. The measure comes after more than 30 cars manufactured by the German carmaker were involved in unprovoked accidents, most of them involving engine fires. Below is the official government statement. Land Minister Kim Hyun-mi delivers government statement on BMW cars on Aug.14.
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