Ghosn: Diesel Sales Have Peaked in Europe

The popularity of diesels, which account for more than half of new-car sales across Europe, was already waning before Volkswagen AG’s diesel scandal broke, notes Renault-Nissan CEO Carlos Ghosn.

Visteon Sells It Last Interiors Plant to German Buyer

Visteon Corp. has agreed to sell the last of its vehicle interiors facilities, a trim plant in Berlin, to Germany’s APCH Automotive Plastic Components Holding GmbH.

No Slowdown for VW Investment in China

Volkswagen AG’s previously announced plan to invest €22 billion ($24.2 billion) in China over five years won’t be affected by sweeping budget cuts elsewhere as the company braces for the impact of its diesel emission scandal, Bloomberg News reports.

VW Diesel Scandal Probe Said to Implicate as Many as 20 People

Volkswagen AG suspects between 10 and 20 of its employees played a direct role in rigging 11 million of the company’s diesel engines to cheat on government emission tests, a source tells Reuters.

UPDATE: Europe Backs Off on Emission Road-Test Rule

The European Parliament has weakened a plan that would require carmakers to prove nitrogen oxide emissions from their vehicles on the road more closely match results in laboratory tests, the Financial Times reports.

U.S. to Expand Ethanol Fueling Network

The Dept. of Agriculture (USDA) has awarded matching grants to 21 states to expand the number of E15 and E85 ethanol-blended fuel pumps as part of the Biofuel Infrastructure Partnership.

Bimmer Fuel Cell Model Targeted After 2020

BMW AG hopes to introduce its first fuel cell-powered car early next decade, Reuters reports.

Porsche SE Slashes Outlook on VW Diesel Crisis

Porsche Automobil Holding SE, which owns a majority stake in Volkswagen AG, says its profit in 2015 will drop at least 50% because of the cost to VW of repairing some 9 million vehicles equipped with diesel engines the carmaker rigged to cheat emission tests.

Diesel Scandal Pushes VW into a €1.7 Billion Loss in Third Quarter

Volkswagen Group reports a net loss of €1.7 billion ($1.8 billion) in July-September, reversing a €3 billion profit for the same quarter of 2014.

Nissan Unveils Futuristic Autonomous Car Concept

Nissan Motor Co.’s new IDS (intelligent driving system) concept car showcases a host of driver-assist technologies and other next-generation systems the company plans to launch in coming years.