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Nissan to slash jobs, production after forecasting $2.9 billion loss
Mon, 09 Feb 2009Reversing his profit forecast to a loss, Nissan Motor Co. CEO Carlos Ghosn entered crisis mode on Monday. Ghosn announced plans to slash 20,000 jobs, cut production by 20 percent, scale back model launches and delay new factories.
Audi A1 quattro prototype
Wed, 12 Jan 2011The Audi A1 quattro snow testing in Canada It did seem a strange omission by Audi not to have a quattro drivetrain for the ‘Only Premium Brand in its Sector’ Audi A1. And it was that lack of a quattro system for the A1 which apparently stopped the car that ended up being the Audi A1 1.4 TFSI from being launched as the Audi S1 at Paris last year. All of which has no doubt spurred Audi on to see development of a quattro platform for the A1.
Redesigned 2011 Chrysler 200 convertible revealed early
Sun, 16 Jan 2011Photos of the redesigned 2011 Chrysler 200 convertible have hit the Internet, weeks before its planned official debut. Images of the 200 convertible, which replaces the Chrysler Sebring convertible, apparently leaked onto the Web in Europe. The car likely will make its formal debut at the Chicago auto show in February or at the New York auto show in April.