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Nismo enters a new era

Nissan made Nismo its exclusive performance car and motorsports brand at its new global headquarters in Yokohama, Japan. CEO Carlos Ghosn declared the building open at a ribbon-cutting ceremony on Monday. Even though Nismo has been tuning cars for Nissan for almost 50 years, its first true production car didn't hit the streets until the Nissan Skyline 2000GT.

BMW leads Audi, Mercedes-Benz in June global luxury-sales race

BMW AG's core brand topped rivals Audi and Mercedes-Benz, selling 134,432 cars worldwide in June, a rise of 12.3 percent over 2010 figures, the company said today. Mercedes sold a record 120,510 units in June, a rise of 6.4 percent, topping Audi, which saw June sales grew 19 percent to 117,650 cars last month. BMW brand's global deliveries, boosted by sales of the new 5-series sedan and X3 SUV, rose 17.8 percent to 689,861 units in the first six months of the year, ahead of Audi's 17.7 percent rise to 652,950 cars.

Nissan NV200: Nissan’s take on the London Taxi

Nissan is taking on the Black Cab market with the Nissan NV200 London Taxi, expected to go on sale in 2014 from around £30k. It may not be the biggest market in the car world, but the profile of the London Taxi makes it a worthwhile target for car makers. Mercedes recently took on the traditional Black Cab with their Vito-based taxi and did a very good job – but at a price; the Mercedes Vito Cab costs around £42k, almost £10k more than the traditional London Taxi.