Sales of vehicles in Europe fell 0.5% in April, the main regional industry group said on Friday, led by sharper monthly declines for Nissan, Ford and Volkswagen.

Nissan Motor Co. is planning to invest in a Chinese electric-car startup, according to people familiar with the matter, to provide it with a greater footprint in the world’s biggest market for new-energy vehicles.

Nissan Motor Co says its luxury division, Infiniti, is to announce a new Acting Global Chief for the brand after its current head, Christian Meunier, resigned.

Renault SA plans to make a proposal to Nissan Motor Co. to create a joint holding company.

Nissan Motor Co Ltd shares fell Friday in Japan and is set to slash its global production by about 15 percent for the current fiscal year ending March 2020.