Vehicle Sales

VW earmarks $11.8 billion to develop, build China EVs

VW plans to spend nearly $12 billion by 2025 to develop and manufacture all-electric and plug-in hybrid vehicles as it seeks to comply with stringent new rules in China.

UPDATED: 11/14/17 1:07 pm ET - corrected

Nissan softens its targets through '22

Nissan CEO Hiroto Saikawa is steering away from the aggressive numerical goals of his predecessor, Carlos Ghosn, and toward more fuzzy ones. In the key U.S. market, the softening of hard targets could spell some relief for dealers.

Sign up for our weekly newsletter

Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.

Newsletters