1942-1947 Chevrolet 216 Crankshaft 839775 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.

2015 Subaru WRX debuts at Los Angeles Auto Show

If you loved the rakish WRX concept that bowed in New York earlier this year, the production 2015 WRX, which debuted today at the Los Angeles Auto Show, may be a slight downer: decidedly less boy-racer than its predecessors, its sculpted fender flares and unique sheetmetal only slightly disguise its Impreza rootstock. But the WRX has always been more about performance than style, anyway, and Subaru says the new car will top its predecessor on that front. The '14 WRX's 2.0-liter turbocharged boxer-four squeezes out 268 hp and 258 lb-ft -- just a little bit more than the outgoing 2.5-liter turbo-equipped car.

Toyota to unlock secrets of black-box recorders

Reacting to criticism that data from black-box crash recorders in its vehicles can be accessed only by the company, Toyota Motor Corp. is moving to ship hundreds of data-decoding machines to the United States and make them commercially available to help diagnose vehicle problems. The devices, known as event data recorders, are similar to the black boxes on airliners and record information such as vehicle and engine speed in the seconds before a crash.