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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.
Ford tops GM in February sales, steers U.S. industry to 13 percent gain
Wed, 03 Mar 2010Ford Motor Co. led the U.S. industry to a 13 percent sales gain in February while topping General Motors in monthly sales for the first time in 12 years.
SEAT SUV confirmed for 2016
Wed, 26 Mar 2014SEAT Compact SUV gets a green light for 2016 (SEAT IBX Concept pictured) SEAT has been threatening to build a compact SUV for years, and back in 2011 it revealed the IBX Concept (pictured above) which was the SEAT take on the Audi Q3. Now, finally, it seems VW has signed-off on SEAT’s compact SUV and the new compact SUV will hit the market in 2016, hopefully giving SEAT’s poor sales a real boost. Expected to be based on the VW MQB platform, the SEAT SUV should enable SEAT to properly compete in Europe and tap in to a market that has grown by 40 per cent in the last few years whilst SEAT’s existing market for its cars has shrunk and been compromised by a weak economy in Europe where the vast majority of SEAT’s sales are made.