Today’s Issue Cluster: Autos
US – The Manufacturing Recession Might Be Over
US – Millennials and Low-Income Consumers Are Propping Up the Economy
US – BP: Will be energy independent in 5 years
Japan – Q1: BOJ tankan big manufacturers’ mood down; +6 from +12 / R / FT
China – Mar: Official factory PMI rebounds; 50.2 from 49.0 / FT / WSJ
EZ – Mar: Markit PMI rises; 51.6 from 51.2 / R
US – Mar: Adds jobs; +215k from +245k / FT / WSJ / NYT / B
US – Mar: ISM Manufacturing Index Expands; 51.8 from 49.5 / WSJ
US – Mar: UMich Consumer Sentiment Edges Down; 91.0 from 91.7 / B
US – Feb: Construction spending retreats; -0.5% from +2.1% / AP
Bonds – Investors are bracing for a turbulent second quarter WSJ *
Bonds – Rally in munis drives yield gap to eight-year low B *
Bonds – China’s muni market launches with a bang FT *
US – The Manufacturing Recession Might Be Over B / FT *
US – Millennials and Low-Income Consumers Are Propping Up the Economy wsj * *
US – BP: Will be energy independent in 5 years bi *
US – MetLife ruling vindicates lonely decision to fight FT / WSJ *
US – GE Capital looks to shed ‘too big to fail’ status FT / B *
Autos – US: Sales Rise, but Big Three Show Weakness WSJ
Autos – US: Used-Car Price Fall Pressures Auto Makers WSJ
Autos – US: Record Vehicle Leasing Could Pinch Margins WSJ *
Autos – US: Sharing Cars Could Actually Boost Sales B *
Autos – US: Parts are a surprising retail success story FT *
Autos – China: Makers May Soon Face Weakening Demand NYT * *
Autos – Japan: Drivers Say ‘No, Thanks’ to Cheaper Gas B *
Autos – SK: Luxury carmakers eye market FT *
Autos – Russia: AvtoVAZ Removes Western CEO WSJ / FT / FT * *
Autos – Tesla: Targets mass market with new Model 3 FT / WSJ / B / NYT / AP / R / FT *
Autos – Tesla: How Uncle Sam May Cause Sticker Shock WSJ / WSJ *
Autos – BYD: China’s Tesla Remains at the Mercy of the State WSJ *
Autos – BMW: Bavarian rhapsody E *
Autos – VW: Will escape its scandal largely unscathed E * *
Autos – VW: Faces $15b hit over US green ad campaign FT / WSJ *
Autos – Diesel: Some Japanese Emissions Higher On the Road Than in Lab WSJ
Autos – Hybrids: China Car Makers Pioneer ‘Mild’ Models WSJ *
Autos – EVs: Here’s One Answer to Lack of Range: Electric Road B * *
Auto – Vehicle Miles Driven Increase 2.0% / cr *
Truck – ATA Trucking Index increased 7.2% / cr *
Truck – E-Commerce Boom Roils Industry WSJ *
Photos taken by locals and tourists in San Francisco motw *
