Auto News For Thursday, May 12, 2016 - Nissan Buys 34%, $2.2 Billion Stake In Mitsubishi Motors

2016 Mitsubishi Mirage purple
Here are the seven must-read, must-watch auto news stories and videos for Thursday, May 12, 2016. 

34%
Japanese automaker Nissan is buying a 34% controlling stake worth $2.2 billion in Japanese automaker Mitsubishi Motors. – Bloomberg

CAVALIER
Before the Cruze was the Cobalt. Before the Cobalt there was the Cavalier. General Motors is reviving the Cavalier nameplate, but not in North America. – Car & Driver

RISKY BUSINESS
"We may experience delays in realizing our projected timelines and cost and volume targets for the production, launch, and ramp of our Model 3 vehicle." So says Tesla. – Los Angeles Times

ZOMBIES
There are a large number of long-expired vehicles which linger, and linger, and linger on vehicle lots. – TTAC


FASTEST-GROWING CARS
Canada's new vehicle market is exploding, in a good way. But Canadian sales of passenger cars are fading. Yet there are cars, including the two top-selling cars, which are accelerating rapidly. – Autofocus

FRENCH
If you're not into quirky French cars, what's wrong with you? But even if you don't want to read this Citroën C4 vs. Citroën 2CV pseudo-comparison test, you'll love the Parisian photography. – CAR

WATCH
We're only a couple of weeks away from the 2016 International Isle of Man Tourist Trophy Race, known colloquially as the Isle of Man TT. If you're not familiar with the absurdity of the TT, this POV from Guy Martin and Michael Dunlop will very quickly familiarize you.

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