Subaru Oem 22690aa56a Oxygen Sensor on 2040-parts.com

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.

GM expands advanced-vehicle-technology center in California

General Motors unveiled a new technical center dedicated to the development, maintenance and testing of alternative-energy vehicles last week in Torrance, Calif. The company has had local digs for years but recently leased the building next to its existing Advanced Technology Center for an alternative-energy research facility. It now employs a dozen scientists, technicians and engineers to advance the electrification of GM vehicles.

BMW 328 Hommage concept

BMW used Villa d'Este as the backdrop to unveil the 328 Hommage, a tribute to the historic 1930s Touring Coupe and highly successful road car that celebrates its 75th anniversary this year. Based on the Vision ConnectedDrive, the 328 Hommage sports many ‘details derived from motor racing’ and is built using CFRP construction to keep overall weight down. Juxtaposing this are sumptuous leather and polished aluminum details.