European stocks ended sharply lower on Tuesday, brought down by autos tanking, mining companies being downgraded and oil prices weighing on sentiment.
VW's stock slid 20 percent on news of the latest car recall. But data show the 10 largest recalls barely affected the companies' stock price overall.
Squawk Box Live in Europe had all the developments on the Volkswagen scandal, with more governments looking to probe the automaker.
Asian shares largely advanced on Tuesday, stabilizing from sharp declines in the previous session, after Wall Street ended higher.
European equities bounced back Monday, finishing higher despite an uninspiring lead from Asia and key European stocks tanking.
Volkswagen has told U.S. dealers to halt sales of some 2015 diesel cars after regulators found software it designed for the affected vehicles gave false emissions data.
The VW scandal goes beyond a temporary sales halt.
As part of its "Driven by Disruption" sale in December, RM Sotheby's is selling Joplin's colorfully painted 1965 Porsche 356C Cabriolet.
European equities accelerated gains to close around 1 percent higher on Tuesday, after a choppy day of trade.
A new entrant to the peer-to-peer economy hopes to capitalize on the trend of consumers wanting to rent recreational vehicles.
A group of China-based internet entrepreneurs and financial investors is backing an effort to create NextEV, a new rival to electric car maker Tesla.
Japan's Suzuki said on Sunday it would buy back the 19.9 percent stake it sold to Volkswagen.
McLaren's Special Operations division was set up in 2009 to help car buyers transform fantasy into sheet metal.
The list factors in total cost of ownership and only includes models that have earned a top safety rating from IIHS.
The Tianjin blasts could generate insurance losses of as much as $1.5B, Credit Suisse analysts said, citing initial estimates.
Some American companies with manufacturing operations in China have been impacted by Wednesday's explosion in the port city of Tianjin.
European equities ended sharply lower on Wednesday as a yuan-related selloff in Asian stocks weighed on investor sentiment.
After a second day in a row of currency-related turmoil thanks to the Chinese central bank, risk-off was definitely the order of the day.
The great Chinese stock slump that first whacked luxury car sales is spreading to mass-market brands.
DAX all folks