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Nissan launches new model avalanche

Nissan president and CEO Carlos Ghosn plans 60 new models By Tim Pollard Motor Industry 14 May 2008 10:32 Nissan will launch 60 new products in the next five years, the company’s latest business plan reveals. And it'll need every new model it can lay its hands on, amid a profit warning and a 30 percent collapse in profits this year. The company certainly loves catchily titled grands projets; following hot on the heels of the Nissan Revival Plan, Nissan 180 and Value-Up, it’s now announced the Nissan GT 2012 plan – spelling out the company’s strategic aims for the next five years.

Crunch watch Apr 09: the auto industry in crisis

By Tim Pollard and Ben Pulman Motor Industry 30 April 2009 17:21 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour  Thursday 30 April 2009• It's official: president Barack Obama confirms this afternoon Chrysler will file for Chapter 11 bankruptcy protection as it strikes a patnership with Fiat (Automotive News, subscription required)• 'Over the past month, seemingly insurmountable obstacles have been overcome,' says Obama. 'Chrysler and Fiat have formed a partnership that has a strong chance of success' • Chrysler is filing for bankruptcy protection under Section 363(b) of Chapter 11 bankruptcy code – expected to last for 30-60 days (Detroit News)• Treasury to pay Chrysler $4.5 billion 'in exit financing'• Chrysler tipped to get new board of directors.

Victorious Mercedes debuts at Amelia Island

The Amelia Island Concours d'Elegance brings out some of the rarest and most beautiful cars on the planet. We'll be keeping our eye on one particular gem at this year's show: a 1914 French Grand Prix-winning Mercedes. The rugged racer will be the centerpiece of Mercedes-Benz's display along with the car's owner, George Wingard.