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Nissan Sentra wrings out 1 mpg more to sweeten payout
Mon, 27 Jul 2009Engineers at Nissan Motor Co. are scurrying to eke another mile or two per gallon out of their vehicles to win customers who come looking for federal cash-for-guzzlers money. "We want as many of our products as possible to pop up on the shopping list," Nissan North America spokesman Brian Brockman says.
Obama sought Ghosn to run GM, ex-car czar says
Fri, 03 Sep 2010The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.
Spied: The 2012 Volkswagen New Beetle looks a bit squished
Thu, 07 Oct 2010Volkswagen's upcoming onslaught of new products includes a redesign for the New Beetle. The new New Beetle is expected to arrive in 2011 as a 2012 model, with a convertible version set to arrive a year after the coupe. Recent spy photographs of a prototype being tested on public roads in Europe show that the 2012 New Beetle has a roofline that has less arch than the current model.