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Nissan to pull Infiniti production out of Japan to counter strong yen
Thu, 05 Apr 2012The high value of the yen will prompt Nissan Motor Co. to shift production of Infiniti vehicles out of Japan to other locations, Nissan CEO Carlos Ghosn said. "You won't have to wait a long time before we make a decision about the new base for sourcing of Infiniti," Ghosn told a group of reporters April 4 during the New York auto show.
Next Ford Mustang won't be retro
Mon, 19 Sep 2011"No way," was the statement from Ford design chief J Mays when asked whether the redesigned 2014 Ford Mustang will be another retro job. He says the next iteration of the pony car will follow a different road. The design for the next Ford Mustang is currently being "locked down," according to Mays.
The next F1: McLaren plans replacement for supercar
Wed, 01 Apr 2009Formula One powerhouse McLaren secretly has begun work on a replacement for its legendary F1 supercar, while it also gears up to become a mainstream sports-car maker. McLaren's Technology Center in Woking, England, has built some 2,000 McLaren SLR supercars a year for Mercedes-Benz, but McLaren boss Ron Dennis reportedly has his sights set on producing 1,000 of its upcoming Ferrari F430-fighting P11s a year starting in 2011. The number, Dennis said, will rise to 4,000 cars by mid-decade as future models such as the Porsche 911-challenging P8 come on line.