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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.

Britain's low-carbon future

By Guy Bird Motoring Issues 25 March 2008 12:36 Higher purchase taxes for high emitters, ‘traffic-light style’ tax discs to indicate a vehicle’s environmental friendliness and mandatory dashboard-based driving efficiency technology are just three recommendations from a new report that looks set to inform Government policy for the next decade. Published on the same day as the Budget, the snappily titled King Review Of Low Carbon Cars Part Two (Recommendations For Action) was lost amid all the hoopla of new tax bands. But now we've had time to scrutinise it, we can assess the proposals that could affect your next car choice, from upfront purchase price to tax and running costs.

New Toyota Auris starts rolling out at Burnaston

The new 2013 Toyota Auris – Toyota’s modern Corolla – has commenced production at the Toyota plant in Burnaston. Toyota revealed the new Auris back in August – ahead of a public debut at the Paris Motor Show – which, although pretty much the previous Auris when you dig deep, does offer a more dynamic look and the promise of better driving dynamics too. With the new Auris a big deal for Toyota in Europe, Toyota are trumpeting the start of Auris production in Burnaston and have rolled out Vince Cable, Secretary of State for Business, to mark the occasion.