Daimler Readies New Electric and Fuel Cell Buses

Daimler AG’s bus operations plans to launch new all-electric and fuel cell-powered versions of its Citaro city bus by the end of 2018.

Study Forecasts 35% Annual Growth Rate for Automated Parking Features

Global sales of new cars equipped with autonomous parking technologies will grow 35% per year through 2026 with revenues increasing at an annual rate of nearly 30%, predicts ABI Research.

CSP, Mitsubishi May Team Up on Carbon Fiber Components

Auburn Hills, Mich.-based Continental Structural Plastics Inc. and Japan’s Mitsubishi Rayon Co. have signed a memorandum of understanding to work together on carbon fiber structural components for the automotive industry in North America.

VW’s Mueller: Diesel Scandal Impact Will Be “Substantial and Painful”

Volkswagen AG’s admission that it rigged 11 million diesel engines to cheat emission standards will take a “substantial and painful” financial toll and take years to resolve, warns CEO Matthias Mueller.

France Launches VW Diesel Emission Probe

France is launching a formal investigation into Volkswagen AG’s admission that it manipulated 8.5 million diesels sold in Europe to cheat emission standards.

VW Delayed Revealing Diesel Cheating in Hopes of Quick Deal

Volkswagen AG admitted to U.S. regulators on Sept. 3 that it had rigged diesel engines to evade emission standards. But it tells a German court it waited two weeks to publicly reveal the cheating in hopes of reaching a deal to limit the cost of fixing the vehicles.

Self-Driving Hyundai Genesis Approved for Testing in South Korea

A specially equipped version of Hyundai Motor Co.’s Genesis sedan is the first vehicle to be approved for autonomous testing in South Korea.

BMW Shows Autonomous Car Concept

BMW AG revealed the first of four new concept vehicles it plans to introduce this year in conjunction with the company’s 100th anniversary.

Honda Laser System Cuts Steel Blanks at Production Line Speed

Honda Motor Co. is implementing a high-speed laser system that can cut sheet steel into blanks quickly enough to keep up with assembly line production speeds, The Nikkei reports.

VW Brand Chief Says U.S. Deal on Diesel Emissions is Months Away

It will take months, not weeks, to settle on a solution with U.S. regulators for the company’s diesel emission cheating in the U.S., brand leader Herbert Diess tells the Wolfsburger Allgemeine Zeitung.