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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. 

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

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

“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

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

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

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.