Isotta Fraschini W18 Engine on 2040-parts.com

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.

Techno group Daft Punk's Ferrari 412 being auctioned for Japan fundraiser

Here's a car that will appeal to Ferrari fans and techno fans--the 1987 Ferrari 412 shown at the start of the 2007 movie Daft Punk's Electroma. The Ferrari is one of several musician-related items being auctioned off by EMI Group as a fundraiser for disaster-relief efforts in Japan. The car is in mint condition, still wears the HUMAN license plate as seen in the movie, and it has been signed by Daft Punk members Guy-Manuel de Homem-Christo and Thomas Bangalter.

Brabus tunes up the Mercedes-Benz CL and an S-class

Brabus, tuner of all things Mercedes-Benz, has set its engineers loose on the all-wheel-drive Mercedes-Benz CL and S500 models for the winter. The tuners add power, remove the standard speed limiter and add a custom exterior package. Both cars will be on the Brabus stand at the Essen Motor Show, which is like the SEMA of Germany.