China's luxury market to grow to 3M a year, Audi, Mercedes predict

China's premium market will grow to about three million cars a year, Audi and Mercedes executives predicted. Audi is China's best-selling luxury brand but is losing ground to Mercedes.

VW diesels pile up in U.S. awaiting fix or scrap yard

VW is making progress settling legal claims from its emission-cheating scandal. But one challenge looms unresolved: What to do with the vehicles it is being forced to buy back.

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