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Nissan launches new model avalanche

Nissan president and CEO Carlos Ghosn plans 60 new models By Tim Pollard Motor Industry 14 May 2008 10:32 Nissan will launch 60 new products in the next five years, the company’s latest business plan reveals. And it'll need every new model it can lay its hands on, amid a profit warning and a 30 percent collapse in profits this year. The company certainly loves catchily titled grands projets; following hot on the heels of the Nissan Revival Plan, Nissan 180 and Value-Up, it’s now announced the Nissan GT 2012 plan – spelling out the company’s strategic aims for the next five years.

Underground Racing Lamborghini crashes at Texas Mile, driver survives

WITH VIDEO -- Underground Racing, the Charlotte, N.C., tuning shop that broke the 250-mph mark with a twin-turbo Lamborghini Gallardo in Texas last spring, saw that car crash on Oct. 23 after making another run at the Texas Mile high-speed challenge. Video of the run, posted on YouTube, shows the orange Gallardo passing the 1-mile marker on the closed runway, deploying a parachute and veering to the right and off the runway.

Volkswagen Golf GTE Plug-in Hybrid UK debut

The VW Golf GTE (pictured) gets its UK debut at the NEX next week The Volkswagen Golf GTE – which VW see as a plug-in hybrid Golf GTI – was revealed in February ahead of its debut at the Geneva Motor Show last month and is now heading for the Gadget Show Live at the NEC next week for its UK debut. With a 1.4 litre TSI petrol turbo producing 148bhp and a 101 bhp electric motor, the Golf GTE promises decent performance – 0-62mph in 7.6 seconds – daft official economy figures of 188 mpg and the ability to run on electric power only for up to 31 miles. It’s an appealing combination for a Golf that can offer city running benefits with a turn of decent performance when the mood takes, although at a price likely to be north of £30k it’s not exactly a budget buy.