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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.
Toyota increases U.S. prices an average of 1.7 percent on most models
Fri, 01 Apr 2011Toyota Motor Sales U.S.A. Inc., coping with a rising yen and an earthquake-shattered supply chain, announced price increases today that average 1.7 percent for many 2011 Toyota, Scion and Lexus models. The increases range from $65 for the small imported Scion xD, to $900 for two of its larger vehicles, the Toyota Land Cruiser and Sequoia SUVs, as well as several Lexus models.
Nissan Murano lineup will get a convertible
Mon, 23 Aug 2010In a move certain to divide consumers into love-it/hate-it groups, Nissan Motor Co. will introduce a convertible version of its Murano crossover next year. The crossover, which already has a polarizing bulky rear-end design, will be offered as a two-door with a droptop, company officials confirm.