VW third-quarter profit falls 12% on chip shortage

In Europe, Ford had a loss of $52 million, compared with a loss of about $440 million last year. Vehicle sales in the 20 key European markets fell 35 percent.

Despite carbon reduction policies by governments and automakers, global CO2 emissions from vehicles are still set to rise over time, research by the International Council on Clean Transportation shows.

The automaker will move the assembly line of its Grugliasco plant at the end of the year to nearby Mirafiori in a bid to increase efficiency

The automaker will not use expensive nickel-based batteries that deliver performance and range for its smaller electric cars such as the EQA and EQB.

CEO Laurent Favre said the supplier is sharpening its focus on cost reduction and cash generation, citing an "exceptionally volatile market."

Cyberattacks such as the one on German supplier Eberspaecher have led to car factories shutting down.

The plea deal could include financial penalties totaling between $250 million and $300 million, Reuters reported.

The fifth-generation SUV moves to a new platform and adds new drivetrain options as it pushes upmarket.

The latest assessment from ACEA is a blow to the expectations of some researchers that the semiconductor shortage will subside next year.

Jaguar Land Rover is joining Honda in reaching an emissions pooling deal with Tesla.