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Japan quake threatens to delay U.S. output of Nissan Leaf EV

The March 11 earthquake in Japan could force Nissan to delay the start of U.S. production of its Leaf electric vehicle, now scheduled for late 2012. “The earthquake is putting us in a very difficult situation,” said Hideaki Watanabe, head of Nissan's Global Zero Emission Vehicle Business Unit.

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

Maserati SUV & two new Maserati Quattroportes confirmed

'Baby' Maserati Quattroporte Maserati are about to be the recipients of some of the benefits (if you care to see them as such) of the input of Chrysler, with a Maserati SUV and two new Quattroportes planned to replace the current Maserati Quattroporte over the next few years, thanks to the availability of Chrysler’s platforms and engines. Revealing plans to increase Maserati sales almost ten fold – from under 6,000 a year to over 50,000 – Sergio Marchionne has said Maserati will introduce two new cars to replace the ageing Maserati Quattroporte. It’s felt that the current Quattroporte falls between two stools – it’s too big to be a proper drivers car and too small to be a proper chauffeur car.