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WardsAuto Daily

APRIL 5, 2018

Nissan Targets 1 Million EV Sales Annually By 2022

Under the automaker’s midterm electrification plan it will develop eight new all-electric vehicles, launch an EV in China under different brands; introduce an electric “kei” mini-vehicle in Japan; offer a global crossover EV; and electrify new Infiniti models from fiscal year 2021.

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Autoline Daily

Tesla Misses Model 3 Goals Again, BMW Jumps on Subscription Bandwagon, Sonic & Impala Going Away

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FCA Preparing for Spinoff of Magneti Marelli

The spinoff of Magneti Marelli, which employs 43,000 people in 19 countries, is to be followed by the distribution of shares in a new holding for FCA's 99-year-old parts-making subsidiary.

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Chevrolet at Las Vegas Motor Speedway

PHOTO GALLERY
General Motors is hosting some 3,000 Chevrolet dealers in Las Vegas this week to learn about new and updated vehicles slated for production, as well as technology available to retailers and consumers. As part of the event, journalists experienced the Chevrolet portfolio, including Corvette and Camaro.

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German Automakers Take Hit in U.S.-China Trade Fight

China's proposed 25% tax on exports of U.S.-made cars would affect about 270,000 vehicles worth $11 billion, with German car companies accounting for nearly two-thirds of that amount.

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U.K. Regulator Scrutinizes Auto-Financing Practices

The Financial Conduct Authority is looking at whether the information provided to potential auto-finance customers is sufficiently clear and transparent, so they can understand the risks involved and make informed decisions.

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Business Lobby Sees Russia Car Sales Up 10% in 2018

The Association of European Businesses predicts new-car sales in Russia will reach 1.75 million units this year, up from 1.6 million in 2017 but well below the market record of nearly 3 million set in 2012.

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VW’s Roster of EVs, SUVs in China Growing

Volkswagen CEO Herbert Diess says the automaker’s China product range is to be entirely renewed and expanded by 2020, with nine new models launching this year.

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