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Nissan launches new model avalanche
Wed, 14 May 2008Nissan 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.
Fisker to face Congressional committee probe
Wed, 24 Apr 2013Henrik Fisker's congressional testimony on Wednesday before the House Oversight and Government Reform Committee will paint the automaker he founded as a victim of "a confluence of events" and as a still-salvageable enterprise. Fisker, who resigned from Fisker Automotive on March 13, is among the automaker and government representatives scheduled to appear before Congress to answer questions regarding $193 million in Department of Energy loans made to the company. Fisker Automotive has appeared to be on the brink of filing for bankruptcy for the past few weeks.
Audi's new model rush revealed
Fri, 24 Nov 2006By Georg Kacher Motor Industry 24 November 2006 10:21 Audi has nothing to fear from the appointment of Martin Winterkorn as VW group boss. After all, Winterkorn clinched the job on the strength of his performance at Ingolstadt. And if Audi continues the stunning growth he led, it's on track to become leader of the luxury pack by 2020.