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The move comes amid a regulatory onslaught in Seoul against the German car maker.
The Volkswagen cheating scandal continues to send shock waves through the auto industry. Let's look at who the probable winners and losers will be when the dust settles.
Apple's iPhone, Boeing planes and GM cars are selling well in China, showing bets by U.S. companies on the world's second-largest economy are paying off even with market slumps.
China’s anticorruption crackdown has taken a bite out of bling, but it’s not the only thing weakening luxury brand sales in the massive market.
Subaru parent Fuji Heavy Industries has seen its common stock soar 552% in Tokyo trading since 2012, while Fuji ADRs in the U.S. have risen 342%.