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Nissan unveils a new commercial van, the NV, for North America

Sensing an opportunity to bring an all-new model to a sometimes stagnant segment, Nissan unveiled its first commercial vehicle for North America, the NV, on Wednesday at a work-truck show in St. Louis. The NV, or Nissan Van, will come with two engines: a 4.0-liter V6 or a 5.6-liter V8.

Ford cuts 2010 prices by up to 15%

Ford has cut prices of its big cars by up to 15% By Tim Pollard Motor Industry 26 March 2010 12:00 Ford today announced sweeping price cuts across its large car range – lopping up to 15% off the price of models such as the Mondeo, S-Max and Galaxy. The news comes after Ford raised price four times in the past year.The Blue Oval has drawn criticism in the past for artificially high list prices, which have penalised business buyers. In the UK, company car tax is calculated by the P11D price which is based on the list price, not the transaction price, and 70% of large Fords are bought by fleets.Private buyers have historically scored large discounts on big Fords, as did corporate buyers – making many question the need for higher list prices.

Video: A look inside CATLY's studio walls and Toyota FT-1 concept development

Motor Trend has taken a look inside the studio walls of CALTY to produce a documentary of the design development of a star of last week's Detroit auto show, the Toyota FT-1 concept. Toyota's Californian design studio has been responsible for some of the company's best recent work including the Lexus LF-LC concept. In this episode of Downshift, Motor Trend spoke to some of those behind the FT-1's design – Kevin Hunter, CALTY Research president, studio chief designer Alex Shen and William Chergosky, interior chief designer.