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Nissan to build $2 billion plant in Mexico

Nissan Motor Co. will build a $2 billion auto assembly plant in Mexico, its third in that country, as it works to outgun rival Honda Motor Co. The plant, in Aguascalientes, Mexico, will have initial capacity to build 175,000 light vehicles annually for the United States, Mexico and Latin America, with plans to expand.

Nissan reportedly to adapt hybrid system for front-wheel drive

Nissan Motor Co. is reportedly developing a front-wheel drive adaptation of its in-house hybrid vehicle technology for the next generation Altima Hybrid as early as next year. The system will be based on the rear-wheel-drive hybrid drivetrain that debuted in the 2012 Infiniti M Hybrid, Japan's Nikkan Kogyo business daily says.

BMW M3 coupe stripped down to go club racing

BMW's M division is back in the business of building specialty street-legal race cars with a new lightweight version of the M3 called the GTS. The lightweight coupe, set to go on sale in early 2010 at a yet-undisclosed price, was conceived as a limited-edition model primarily for club-based racing in much the same way that Porsche builds the 911 GT3 Clubsport. But in a clear effort to link its track-based activities with the production-car side of its business, BMW's M division is offering the new car with a homologation package that will allow customers to register the M3 GTS for street use.