Cupra aims for 70,000 annual sales of the Terramar, its third compact SUV after the Ateca and Formentor.

VW is considering unprecedented factory closures in Germany as profit margins are squeezed amid a slow transition to EVs, lower consumer spending and increasing competition from Chinese rivals.

An investors group says the automaker "significantly harmed investors buying and/or holding Fiat Chrysler shares" because it failed to disclose illegal software aimed at covering up emissions.

Smart says the #5 will appeal to owners of the brand's small city cars, many of whom have a midsize SUV as a second car.