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Mitsubishi GC-PHEV concept stars at the Tokyo Motor Show 2013

Mitsubishi has no less than three future-reaching concept cars on display at Tokyo 2013, and this is the biggest of all of them. It’s called the Concept GC-PHEV, and amongst many other things gives us a sneak peak at current thinking for the next-generation Mitsubishi Shogun. However, it also features a 3.0-litre supercharged V6 and a plug-in electric hybrid system, and a cabin with more touchscreens than your local electronics emporium.

Jaguar XFR-S (2012) first teaser shot

Jaguar has released an official teaser photo of its new XFR-S, which is set to be the most powerful saloon car ever to wear the leaping cat badge. As we can see from the new photo, the XFR-S model will get an even more aggressive bodykit than the standard XFR, as well as carbonfibre elements up front. What specification will the 2013 Jaguar XFR-S boast?

Nissan to slash jobs, production after forecasting $2.9 billion loss

Reversing 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.