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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.

Aston Martin confirms Middle East-only Lagonda super-saloon

By John Mahoney Motor Industry 25 July 2014 16:54 Aston Martin has confirmed it will once again make a Lagonda super-saloon - but only for Middle Eastern markets. The details of Aston’s secret plans to resurrect its luxurious nameplate for a small production run of luxury saloons were revealed in the July 2014 issue of CAR following our spy photographer captured a wedgy four-door saloon testing on the roads around Aston Martin’s Gaydon HQ in Warwickshire. The mule we snapped, like the production car set to arrive in 2015, is based on Aston’s familiar VH architecture that underpins the four-door Aston Martin Rapide.

Fisker Karma S concept

Fisker Automotive revealed the newest addition to its lineup at NAIAS 2009, exactly a year after the independent carmaker unveiled its first concept vehicle, the Karma. Called the Karma S concept, the four-seat convertible was designed by Henrik Fisker with input from a newly assembled design team taken on to help bring the Karma sedan to production. The design of the S is likely to make it to the showroom almost unchanged.