Kia's new electric crossover could become brand's top-selling EV in Europe

In August, the 9th U.S. Circuit Court of Appeals said it would not revisit its June decision that would allow two counties to seek potentially billions in penalties from VW for violation of their laws prohibiting tampering with emissions-control systems.

The lawsuit, filed in a U.S. court, expands a wider clash between the auto and telecommunications industries over royalties on vehicle technology.

GMC launched a multiyear sponsorship with Chip Ganassi Racing. The team's electric SUV features a grille, graphics and bodywork inspired by the Hummer pickup.

The companies also said GM will start integrating Qualcomm's automated driver assistance system chips for features such as adaptive cruise control and lane-change assistance.

The supplier says it expects around 20 percent organic sales growth and an adjusted operating margin of about 10 percent in 2021.

Veoneer said it had formed Arriver, a software unit for the development of advanced driver assistance systems, that will operate as part of its collaboration with Qualcomm.

The industry will benefit from "catch-up effects," VDA President Hildegard Mueller said.

Hyundai forecast its sales this year will jump in China and North America, helped by demand for SUVs.

After a five-year legal battle, a Madrid court found that VW had engaged in anti-competitive business practices and ordered the automaker to pay damages.

Embattled startup Faraday Future is pushing ahead with plans to produce EVs in China by opening a plant in the country and enlisting Geely to provide contract manufacturing, Reuters reported, adding the company may open a research center in the country as well.