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Cloud rises over diesel plan for Nissan Maxima

Nissan North America may postpone a V6 diesel engine planned for the Maxima sedan in 2010. Since the company revealed its Maxima diesel plan two years ago, gasoline prices have fallen dramatically, auto sales have collapsed and Nissan has begun reviewing product plans as it scrambles to restore profitability. "We haven't reached a decision on the diesel yet, but we have to consider where we want to put our capital investments," says Larry Dominique, North American vice president for product planning.

Gert Hildebrand on his new challenge at Chinese startup, Qoros

Qoros Auto, a new start-up luxury automaker which launched in China late last year, is poised to take on the established German firms in the increasingly competitive luxury segment. The company was formerly known as Chery Quantum Auto Co. Ltd (“CQAC”) and is a 50/50 joint venture between Chery Automobile and Israel Corporation.

1993 Jaguar XJ220 heads for Scottsdale auction

Come Jan. 19-23, 2011, a 1993 Jaguar XJ220 will be available at the Russo and Steele Collector Automobile Auction in Scottsdale, Ariz. Produced by Jaguar in collaboration with Tom Walkinshaw Racing from1992 to 1994, the XJ220 can achieve 217 mph and run from 0 to 60 mph in 3.8 seconds.