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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.

Vast Private Collection To Go Under The Hammer

AN AUCTION of more than 1,000 lots all from the same collection is due to go under the hammer later this month. The collection belongs to Michael Banfield, who has amassed a huge collection covering the history of the car in the UK. Among the earliest cars for sale are a 1904 Mors Roi de Belges, which is in perfect working order, ready to be used and is estimated to make £500,000.

Ralliart unit folds, but Mitsubishi keeps name

Mitsubishi will continue using the “Ralliart” brand name despite the demise of the Japanese racing parts company this week. Ralliart Inc., a wholly owned Japanese subsidiary of Mitsubishi Motors Corp., informed global distributors on Wednesday that it would cease business operations March 31. In the United States and Europe, Mitsubishi markets a Ralliart sports version of its Lancer, which has become a sporty halo car for the brand.