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Nissan rekindles Almera with new Golf rival

By 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.

Ford reports record $1.7 billion profit

Ford Motor Co. reported record third-quarter profits on Tuesday, raised its production forecast and said it will speed up steps to cut its debt. Ford's $1.7 billion in net income was up from $997 million a year earlier.

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.