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Subaru Impreza Design Concept (2010) first pics

This is our best hint yet at the new Subaru Impreza, surely a car that seems to have suffered an identity crisis of late. The new Subaru Impreza Design Concept was shown at the 2010 Los Angeles auto show. Subaru dubs its new design mantra Confidence in Motion.

Ferrari 458 Challenge revealed

The Ferrari 458 Challenge It seems Ferrari had a bit of an issue when they decided they wanted to take the 458 Italia racing – it was just so good in standard form. So instead of giving the 458 Italia more power, they concentrated on making the 458 lighter and tighter to create the Ferrari 458 Challenge, unveiled this week in Bologna. The 458 Challenge gets exactly the same 562 horses out of its 4.5 litre V8 as the Italia.

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.