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Nissan plots BladeGlider production (2014)

By Ben Pulman Motor Industry 03 January 2014 10:30 Last month we brought you spyshots of Nissan’s new Almera hatchback; this week it’s the altogether more enticing news that bosses at the Japanese car giant hope to put the wacky BladeGlider concept car into production. The ‘swept wing’ BladeGlider is inspired by Nissan’s ZEOD RC, the company’s entry into the 2014 Le Mans 24-hours, and it seems production of the crazy concept is a possibility. ‘It’s in our mid-term plan,’ Nissan chief planning officer Andy Palmer revealed to CAR.

Redesigned Ford Focus expected to get 40 mpg on the highway

The redesigned 2012 Ford Focus will get an estimated 40 mpg in highway driving with an all-aluminum 2.0-liter engine mated to a six-speed, dual-dry-clutch automatic transmission. The normally aspirated engine combines variable camshaft timing and high-pressure direct fuel injection to crank out 160 hp and 146 lb-ft of torque. That compares with 140 hp and 136 lb-ft from the aluminum 2.0-liter engine used in the current-generation Focus.

Chrysler's main creditors reach deal with U.S.; others hold out

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.