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Nissan hires Magna Steyr to build new entry-level Infiniti car

Nissan said Thursday that Austrian contract manufacturer Magna Steyr will build a new premium compact car for the Infiniti brand, starting in 2014. Infiniti boss Andy Palmer said in a statement that the car will help the brand to reach new consumers and grow in key markets such as western Europe. Nissan did not give any more details about the car or say whether it will be sold in markets outside Europe such as the United States.

Jaguar Land Rover made £1 billion last year

The 2012 Jaguar XF & 2012 Range Rover Evoque - JLR's latest models Who’d have believed it just a year or two ago? Jaguar Land Rover has reported a turnover for the year to the end of March 2011 of £9.9 billion and has made a profit (after tax) of £1.04 billion – almost £3 million a day. From proffering the begging bowl in the direction of a short-sighted Labour government in 2009 – and getting nothing without untenable conditions attached - and making plans to close one of its three UK plants, JLR’s renaissance has been astonishing.

Mitsubishi XR-PHEV, Concept GC-PHEV and Concept AR revealed for Tokyo

Mitsubishi XR-PHEV, Concept GC-PHEV and Concept AR revealed for Tokyo With the Tokyo Motor Show arriving at the end of the month, Japanese car makers are revealing the concepts they hope will steal the limelight at their home show, and today it’s the turn of Mitsubishi to reveal the three new concept cars heading for the show. The three Mistubishi concepts were teased in a moody, shadowy photo in October, but we now get details of the XR-PHEV, Concept GC-PHEV and Concept AR. The Concept GC-PHEV is Mitsubishi’s vision of a next-generation full-size SUV and comes with 4WD and a plug-in hybrid powertrain consisting of a 3.0 litre V6 supercharged engine mated to an eight-speed auto box with a high-output electric motor and high-capacity battery.