Audi Volkswagen Taiwan Co (奧迪福斯汽車) has been fined NT$5 million (US$153,130) over false advertising in relation to the emissions levels of two of its models, the Fair Trade Commission said yesterday.
Advertisements in an Audi Volkswagen Taiwan catalogue claimed that its SUV Caddy Maxi met the EU5 emission standards in Europe, while its A6 Sedan Avant met the EU6 emission standard.
That data was obtained by rigging the vehicles’ software, which meant the company had engaged in unfair competition, the commission said.
The advertisements breached Article 21 of the Fair Trade Act (公平交易法) on unfair competition, and Article 38 of the Air Pollution Control Act (空氣污染防制法), which stipulates a specific procedure for automobile companies to verify vehicle emissions levels, the commission said in a news release.
Therefore, Audi Volkswagen Taiwan has been fined NT$5 million, the commission said.
In March, Audi Volkswagen Taiwan started a recall of 18,700 vehicles, including its 2-liter and 1.6-liter diesel cars, but it was not clear whether the two models pinpointed by the commission were included.
A scandal over Volkswagen emissions emerged in September last year when the US Environmental Protection Agency said that the company had been rigging its vehicles’ software for emissions testing, including over nitrogen oxide output.
An estimated 11 million vehicles worldwide made by the German company were affected by the US scandal.
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
RECORD-BREAKING: TSMC’s net profit last quarter beat market expectations by expanding 8.9% and it was the best first-quarter profit in the chipmaker’s history Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which counts Nvidia Corp as a key customer, yesterday said that artificial intelligence (AI) server chip revenue is set to more than double this year from last year amid rising demand. The chipmaker expects the growth momentum to continue in the next five years with an annual compound growth rate of 50 percent, TSMC chief executive officer C.C. Wei (魏哲家) told investors yesterday. By 2028, AI chips’ contribution to revenue would climb to about 20 percent from a percentage in the low teens, Wei said. “Almost all the AI innovators are working with TSMC to address the
FUTURE PLANS: Although the electric vehicle market is getting more competitive, Hon Hai would stick to its goal of seizing a 5 percent share globally, Young Liu said Hon Hai Precision Industry Co (鴻海精密), a major iPhone assembler and supplier of artificial intelligence (AI) servers powered by Nvidia Corp’s chips, yesterday said it has introduced a rotating chief executive structure as part of the company’s efforts to cultivate future leaders and to enhance corporate governance. The 50-year-old contract electronics maker reported sizable revenue of NT$6.16 trillion (US$189.67 billion) last year. Hon Hai, also known as Foxconn Technology Group (富士康科技集團), has been under the control of one man almost since its inception. A rotating CEO system is a rarity among Taiwanese businesses. Hon Hai has given leaders of the company’s six