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Datsun previews new budget sedan for Russia [w/video]

Nobody does cars on the cheap quite like the Renault-Nissan Alliance. The former part of the equation already has its Dacia brand of cost-effective, no-frills vehicles that have become a favorite of Top Gear co-host James May, and last summer, the latter revived its Datsun nameplate for a budget brand of its own.
The reborn Datsun launched in India this past July with its Go hatchback, returned in September with the Go+ minivan and revealed the Redi-Go concept just last month. And now it's given us our first look at an upcoming budget sedan developed specifically for the Russian market.
The as-yet unnamed vehicle (which we'll bet will incorporate the word "go" into its nameplate somehow) is set to debut on April 4, where it will launch the Datsun brand in Russia. Few details are available at this point, but the low-cost sedan was designed in Japan to offer Russian drivers "an engaging driving experience, peace of mind ownership and accessibility at the right and transparent price, with a competitive Total Cost of Ownership."

The next steps automakers could take after sales drop again in April

DETROIT (Reuters) - Major automakers on Tuesday posted declines in U.S. new vehicle sales for April in a sign the long boom cycle that lifted the American auto industry to record sales last year is losing steam, sending carmaker stocks down. The drop in sales versus April 2016 came on the heels of a disappointing March, which automakers had shrugged off as just a bad month. But two straight weak months has heightened Wall Street worries the cyclical industry is on a downward swing after a nearly uninterrupted boom since the Great Recession's end in 2010. Auto sales were a drag on U.S. first-quarter gross domestic product, with the economy growing at an annual rate of just 0.7 percent according to an advance estimate published by the Commerce Department last Friday. Excluding the auto sector the GDP growth rate would have been 1.2 percent. Industry consultant Autodata put the industry's seasonally adjusted annualized rate of sales at 16.88 million units for April, below the average of 17.2 million units predicted by analysts polled by Reuters. General Motors Co shares fell 2.9 percent while Ford Motor Co slid 4.3 percent and Fiat Chrysler Automobiles NV's U.S.-traded shares tumbled 4.2 percent. The U.S. auto industry faces multiple challenges. Sales are slipping and vehicle inventory levels have risen even as carmakers have hiked discounts to lure customers. A flood of used vehicles from the boom cycle are increasingly competing with new cars. The question for automakers: How much and for how long to curtail production this summer, which will result in worker layoffs? To bring down stocks of unsold vehicles, the Detroit automakers need to cut production, and offer more discounts without creating "an incentives war," said Mark Wakefield, head of the North American automotive practice for AlixPartners in Southfield, Michigan. "We see multiple weeks (of production) being taken out on the car side," he said, "and some softness on the truck side." Rival automakers will be watching each other to see if one is cutting prices to gain market share from another, he said, instead of just clearing inventory. INVESTORS DIGEST BAD NEWS Just last week GM reported a record first-quarter profit, but that had almost zero impact on the automaker's stock. The iconic carmaker, whose own interest was once conflated with that of America's, has slipped behind luxury carmaker Tesla Inc in terms of valuation.

Will next-gen Nissan Leaf get CUV version?

After a first generation spent as a pioneer in the hybrid Wild West, the second-generation Toyota Prius settled down and started a family. Why can't the same happen for the next-generation Nissan Leaf? Autocar has a highly speculative report on just such an outcome, but if nothing else it shows that Nissan is open to the idea. Trevor Mann, an executive vice president at Nissan who doubles as the company's chief performance officer, said "There could be more than one Leaf," and that the brand is "still studying other opportunities." That might mean another kind of body style, but Mann's focus on making sure Nissan on properly converting "the market intelligence that we're gathering" makes it sound like any kind of decision is a long way in the future. Outsiders keep pointing at an electric crossover as the logical step, and the company has already shown the remarkably polished, seven-seater Hi-Cross Concept. Before any of that can happen, right now Nissan is still busy tweaking the formula for the current Leaf to shake off lower sales this year. Then, there remain plenty of questions swirl about the next-generation Leaf, the first being when will it get here. Sometime in 2017 is the latest rumor based on comments made by ex-product honcho Andy Palmer, but the date is really as much of a mystery as its range - which could be more than 300 miles, the way it will look, and the feature set. If they need an easy idea for some kind of utility vehicle they've already got Sparky, the Leaf pickup truck, in-house (pictured). We'd give that the thumbs up. Featured Gallery Nissan Leaf Frontier View 9 Photos News Source: Autocar Green Nissan Crossover Hatchback Electric Future Vehicles