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Nissan Qashqai production increased – jobs created

Nissan has increased production of the Qashqai to cope with demand We thought the original Nissan Qashqai was a decent car. It looks set to improve in a number of important areas when the 2010 Qashqai hits showrooms in March, and it seems that the great car buying public is in agreement as Nissan has just announced that they are to increase production at their plant in Sunderland to cope with demand for the new Qashqai. With all the grief in the car industry last year Nissan cut production back to two shifts in Sunderland.

Ford agrees to sell Aston Martin

Ford Motor Company announced this week it has entered into a definitive agreement to sell Aston Martin, its prestigious UK sports car business. The new owner of Aston Martin is a consortium comprised of: David Richards, founder and chairman of Prodrive, a world-leading motorsport and automotive technology company; John Sinders, an avid Aston Martin collector and a backer of Aston Martin Racing; and Investment Dar and Adeem Investment Co, international investment companies headquartered in Kuwait. The sale is expected to close during the second quarter and the transaction values Aston Martin at GBP 479 million ($925 million). As part of the transaction, Ford will retain a GBP 40 million ($77 million) investment in Aston Martin.

Ferrari 599 Hybrid at Geneva

The report of the Ferrari 599 Hybrid destined for Geneva We know that Ferrari are doing what every other car maker is and working on systems to cut their average CO2 emissions, save a few bob and look a bit more ‘Eco’. There is already an electric Ferrari powertrain in development and Ferrari have in effect been trialing hybrid technology with their F1 cars equipped with KERS. So it comes as no huge surprise that it’s being reported Ferrari are to bring a hybrid version of the 599 to the Geneva Motor Show next year.