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Nissan rekindles Almera with new Golf rival
Thu, 08 Apr 2010By Tim Pollard Motor Industry 08 April 2010 09:26 Nissan plans to re-enter some of the heartland markets it departed with the loss of the Almera and Primera, CAR can reveal. It's a U-turn from a strategy that saw Nissan desert mainstream models in favour of crossovers and niche cars such as the Qashqai and Note. In an interview at the signing of the Daimler-Renault-Nissan cooperation yesterday, the Japanese firm's global product chief told CAR a new Golf rival to replace the unloved Almera was underway.'There's a live, upstream project,' Andy Palmer confirmed.
Ferrari posts huge profits - by building fewer cars
Tue, 18 Feb 2014AP Ferrari today announced an 8% jump in trading profits to €363.5 million in 2013 - despite selling 5% fewer cars. It's all part of the supercar maker's planned reduction in supply to keep values and demand for Ferraris rock-solid, Maranello reported. Turnover and profit all surpassed previous records, despite the reduction in the number of cars built.
Lincoln hires ex-Cadillac designer
Wed, 01 Dec 2010Lincoln has hired ex-Cadillac designer Max Wolff to be its design director starting on Jan. 3. Wolff, 38, will oversee the look of Ford's luxury brand as it plans to launch seven new vehicles over the next four years, including its first C-segment small car.