Volkswagen Group's Spanish unit Seat is no longer looking at the possibility of entering the Iranian car market, saying it needs to concentrate instead on boosting growth in its core markets in Europe, northern Africa and Latin America.

Mercedes-Benz chose Cape Town, South Africa to reveal the production version of its X-Class pickup truck. Why Cape Town? Because South Africa will be one of the markets where the truck will be sold, along with Europe, Australia, and South America.