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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.
Citroen DS3: Design a DS3 Roof competition.
Wed, 12 May 2010The Citroen competition to design a roof and dash graphic for the DS3 has launched We’ve said from the start that Citroen were going to take a leaf out of the MINI book of marketing. Keep it in your face and churn out at least one special edition a month. And it certainly loks as if Citroen are on that path.
Lexus at Geneva: Lexus CT 200h – U.S. bound
Thu, 04 Mar 2010The Lexus CT 200h at Geneva - Lexus tell us it will be sold in the USA Despite moaning about the less than drop-dead-gorgeous looks when Lexus first showed us the CT 200h as the LF-Ch Concept – with a pretty awful gold paint job – the production ready CT 200h does look a bit more appealing. Still definitely not drop-dead-gorgeous - far from it – but credible enough, in a Lexus sort of way. There’s really nothing new to report on the CT 200h itself from Geneva, except that Lexus has announced that the CT200h will be sold in the US.