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Infiniti plans to add new flagship sedan, expand crossovers
Tue, 14 May 2013Nissan Motor Co.'s premium Infiniti marque plans to add a new top-tier halo nameplate above its Q70 flagship sedan and expand its crossover offerings to build the brand and fuel sales, President Johan de Nysschen said. The roll out is part of Infiniti's drive to cover 90 percent of all global premium segments by the end of the decade, compared to just under 60 percent today, de Nysschen said. De Nysschen also floated a bold new global sales target of 600,000 units by around 2020, from just 170,000 last year.
Chrysler Ypsilon now on sale in the UK – Prices & Specs
Sat, 01 Oct 2011Chrysler Ypsilon - UK prices and details As part of Fiat’s efforts to integrate its range with its new toy – Chrysler – we are now getting Chrysler-badged Lancias in the UK, in this case Lancia’s stretched Fiat 500/Panda – the Chrysler Ypsilon. The Chrysler Ypsilon is the first new Lancia – in all but name – to get to the UK since Lancia gave up on the UK market after we got fed up with Lancias falling apart back in 1993. But as we’ve taken to the Fiat 500 in droves, there’s a decent chance the UK will take to the grown-up 500 in the guise of the stretched Chrysler Ypsilon with its extra room.
GM to cut 14% of global salaried workforce this year
Tue, 10 Feb 2009General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.