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Volkswagen AG and its former CEO were sued by the U.S. Securities and Exchange Commission over claims they failed to disclose to investors that diesel vehicles violated emissions standards, the latest twist in a software cheating scandal that already has cost the company more than $30 billion.

Volkswagen AG’s main car brand plans to deepen cost cuts and ax more jobs as profits slip in the industry’s shift to electric and self-driving cars.

Volkswagen AG aims to produce almost 50% more electric cars than it targeted previously, boosting a bet that has already strained profit margins.

Volkswagen AG plans to save 1 million tons of carbon-dioxide emissions a year by making production of its first electric model carbon neutral, part of an effort to clean up its image in the aftermath of the diesel-cheating scandal.

Ford Motor Co. and Volkswagen AG are progressing toward an agreement to join forces on self-driving cars and have overcome earlier obstacles, according to people familiar with the talks.

Tesla Inc.’s battery systems will be installed at more than 100 electric-vehicle U.S. charging stations this year.

From the Detroit auto show, Volkswagen announced this week plans to invest $800 million in its Chattanooga, Tenn., plant, expecting to create 1,000 jobs in the United States.

Volkswagen AG and Ford Motor Co. will join forces to build pickup trucks, delivery vans and possibly more, pledging to put old rivalries aside and work together to confront a rapidly changing auto industry.

Four years ago, Daimler AG dazzled with a self-driving luxury lounge in Las Vegas. This year the Mercedes-Benz maker is back at the annual Consumer Electronics Show, though with a more utilitarian slant: a bubble-like autonomous shuttle designed to reliably ferry people and goods around town at limited speeds.

Volkswagen AG is considering adding a second factory to its U.S. manufacturing footprint and could tap Ford Motor Co. plants to build cars, Herbert Diess, CEO of VW, said after a meeting at the White House.