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Tesla takes aim at BMW, Mercedes-Benz compacts

After revealing the new Model 3 release candidate last week, Telsa CEO Elon Musk touched on Tesla's production ramp-up strategy for its new volume model. If the EV automaker can hold to its forecasts, it will produce half a million units in 2018--unprecedented for a ground-up vehicle launch, says Bloomberg.   http://bloom.bg/2nF2FCU

 8h

Slowing auto sales could be bad news for lenders

Moody's Investors Service has released a report indicating that the recent "plateauing" of the auto industry could pose a risk for lenders whose clients are stretching to close sales. As lenders fight over a diminishing pool of highly qualified buyers, riskier loan terms (what the report refers to as "accommodative financing") will likely be offered to keep business flowing.   http://reut.rs/2nnioUF

 10h

BMW previews M4 GT4

BMW has published a teaser image to give us an early look at the M4 GT4. Developed exclusively for the track, the race car will arrive this summer with a turbocharged straight-six engine.   

 13h

Piech sells stake in Porsche Holding SE

Ferdinand Piech is selling his 15-percent stake in the company that controls Volkswagen Group. The sale -- which is expected to bring in several billion dollars -- is the final move in a family dispute that has lasted for years.    http://bit.ly/2nE7HPJ

 15h