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Big news on GM's big SUVs

Good news and bad news for General Motors' large cash cows, the full-sized SUVs. The bad news: The massive sport-ute market has shrunk roughly in half to around 300,000 a year. The good news for GM: This drove some competitors either out of market or into the near-niche category, leaving the new-for-2015 Chevrolet Tahoe and Suburban, the GMC Yukon and Denali, and Cadillac Escalade with a big share of this very profitable segment.

Nissan to open new studio in Beijing

After last week's announcement of leadership changes at Nissan's North American and European design centers, Nissan Investment Co., Ltd (NCIC), a Nissan subsidiary in China, today revealed plans to expand its global design resources with the establishment of a new design studio in Beijing. "With the addition of 20 designers, Nissan's new studio will enhance our design capabilities, as well as our product competitiveness in China and Asia where the automotive industry continues to see robust growth," said Shiro Nakamura, chief creative officer and senior vice president of design and brand. "Locating the studio where our customers live and work allows us to best respond to their needs and design vehicles that exceed their expectations." Scheduled to open early in 2011, the studio in the Chao Yang district of Beijing will be the first design facility in China established by a Japanese automaker.

KTM Crossbow (2007): first official pictures

By Tim Pollard First Official Pictures 04 January 2007 10:10 KTM Crossbow: the lowdown The world's biggest off-road motorbike manufacturer, KTM, is branching out into extreme sports cars. These first sketches of the Crossbow reveal Austria's answer to the Ariel Atom: a flyweight two-seater powered by a 220bhp Audi engine. 'It's a kind of Lotus Super Seven for the 21st century,' KTM's engineering boss told CAR Online.