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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.
AC Ace (2006) first official pictures
Fri, 15 Dec 2006By Richard Yarrow First Official Pictures 15 December 2006 09:30 Smart Roadster reborn as an AC It was only axed last year, but the Smart Roadster has sprung back to life as this – the all-new AC Ace. The band of British enthusiasts behind the project aim to start production of the rebodied sports car in mid-2007, with prices from £12,000 to £19,000. A deal to buy the rights and tooling jigs for the axed two-seater from parent company DaimlerChrysler is about to be signed, and there will also be a convertible version.
Michelin Challenge Design competition celebrates 10 years
Thu, 24 Mar 2011Michelin has released a short video documenting the last ten years of the Challenge Design competition. With excepts from jury members Freeman Thomas, Director of Advanced Design at Ford; Victor Nacif, VP of Design at Nissan Design Europe; Geza Loczi, Director of Design at Volvo Monitoring Concept Center; Dave Marek, Advanced Design Director for Honda North America; Steward Reed, Chair of Transportation Design at ACCD; Frank Saucedo, Design Director of GM's Advanced Design Studio in California and Chris Chapman of BMW Designworks USA, the video outlines some of the 2700 entries Michelin has received since the competition's inception in 2002. That year, the MCD display at the NAIAS in Detroit featured cars from European design houses.