Nissan's credit rating downgraded by Moody's over weak U.S. sales

CEO Elon Musk wrote, in a leaked e-mail to staff, that Tesla has a “good chance” in the second quarter of exceeding the record 90,700 deliveries achieved in the last three months of 2018.

Tesla delivered 63,000 cars in the first three months of the year and told shareholders it expects to deliver 90,000 to 100,000 in the second quarter.

When it launched in 1998, the two-seat Audi TT won numerous fans but more importantly, it established Audi as a design leader. This helped differentiate it from the more handling-oriented BMW and comfort-driven Mercedes.

As Nissan ponders its future without former chairman Carlos Ghosn, French partner Renault has been quietly maneuvering for merger talks.

The U.S. ratcheted up tensions with China last week by putting Huawei Technologies on a blacklist that jeopardizes its supply of American components from semiconductors to the Google software that run on its smartphones.

Bosch has agreed to pay a $100 million fine for lapses in supervisory duties that enabled automakers to engage in emissions cheating, German prosecutors said.

Fiat Chrysler is bringing new models to Brazil and expanding local Jeep and engine production in a bid to regain lost market share in Latin America's biggest economy.

Lynk & CO's Alain Visser said the new automaker sees itself as a "mobility brand with a car," making it the "wild horse" in China's Geely Holding Group that also includes Volvo and Lotus.

Pre-trial hearings began in Tokyo against Carlos Ghosn over allegations ranging from falsifying financial records to redirecting company money into his own accounts.

Bob Welby succeeds Jeff Pope, who was named Infiniti Americas group vice president in April and now runs the brand's North America business. Welby will report to Pope.