Vehicle Sales

Volkswagen to halt sales of most vehicles in S. Korea amid emissions probe

Volkswagen will suspend sales of most of its vehicle models in South Korea from July 25, as pressure builds on the automaker over its falsified emissions tests. The decision comes ahead of a pending environment ministry review on whether to revoke the certification of 32 cars made by the group, which would lead to a sales ban of the affected models in the country.

Mercedes' Q2 profit drops on Takata airbag recall

Daimler reported weaker profit from its Mercedes Cars unit in the second quarter because of the cost of refreshing its lineup and one-time charges

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