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Nissan to slash jobs, production after forecasting $2.9 billion loss
Mon, 09 Feb 2009Reversing his profit forecast to a loss, Nissan Motor Co. CEO Carlos Ghosn entered crisis mode on Monday. Ghosn announced plans to slash 20,000 jobs, cut production by 20 percent, scale back model launches and delay new factories.
Study: Distracted driving deemed socially unacceptable among young drivers
Wed, 17 Apr 2013A new survey shows that young drivers think it’s socially unacceptable to drive distracted. This data is among the results of tiremaker Bridgestone Americas Inc.'s annual survey that polls more than 2,065 drivers aged 16 to 21 nationwide. Of those drivers, 80 percent said sending texts and emails is "unacceptable." But our distracted-driving epidemic isn't solved yet; 37 percent admit to still doing it.
SMS Supercars releases illustrations, pricing for go-fast Mustangs
Wed, 22 Jul 2009SMS Supercars released illustrations this week of its new performance Mustang, which will start at $64,990 for the coupe. SMS is Steve Saleen's new venture, and it is planning two main versions based on the 2010 'Stang. A 470-hp model, the SMS 460, is the “base” car, and a convertible version is $69,990.