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Cloud rises over diesel plan for Nissan Maxima

Nissan North America may postpone a V6 diesel engine planned for the Maxima sedan in 2010. Since the company revealed its Maxima diesel plan two years ago, gasoline prices have fallen dramatically, auto sales have collapsed and Nissan has begun reviewing product plans as it scrambles to restore profitability. "We haven't reached a decision on the diesel yet, but we have to consider where we want to put our capital investments," says Larry Dominique, North American vice president for product planning.

Chrysler Sebring Convertible

By Ben Whitworth Motor Industry 29 November 2006 09:43 America’s best-selling convertible arrives here a year from now – complete with right-hand drive layout, tax-friendly turbo diesel power, metal folding roof, sharpened dynamics and a £22k price. Unveiled at this week’s Los Angeles motor show, the all-new Sebring will come with the choice of either a Volkswagen-sourced 2.0-litre 140bhp turbo diesel fourpot or Chrysler’s own 189bhp 2.7-litre V6 petrol engine, hooked up to six-cog automatic or manual boxes. Chrysler’s engineers claim that roof down, the new convertible is two and a half times stiffer than its predecessor, which is just as well as the previous model – which was sold in minute quantities here back in 2001 – had all the torsional rigidity of a wet bath sponge.

General Motors CEO Rick Wagoner out, replaced by COO Fritz Henderson

General Motors chairman and CEO Rick Wagoner has agreed to "step aside" after pressure from the Obama administration last week, ending his eight-year tenure at the helm as the company seeks additional federal aid. He's been replaced by GM President and COO Fritz Henderson, effective immediately. GM confirmed the moves shortly after midnight Monday.