964 1994 911 Porsche Car Cover 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.

Vauxhall Astra VXR Extreme gets 300bhp

The Vauxhall Astra VXR Extreme (pictured) gets 300bhp When the Vauxhall Astra Extreme popped its head above the parapet at the end of January as a potential range-topping Astra, we did wonder if it was going to get more power as well as suspension and cosmetic tweaks. It is. Vauxhall still aren’t saying just how powerful the Extreme is, but they do say it will have ‘more than 300 pS if (and probably, when) it goes in to production.

Jaguar XF 2.2 Diesel: 57mpg on a romp to Munich

Jaguar XF 2.2 Diesel on its way to 57mpg The much denied – but always going to happen – Jaguar XF 2.2 Diesel finally arrived officially at the New York Motor Show in April. And actually, Michael-extracting apart, the arrival of the 2.2 Diesel XF is a sure sign that Jaguar has its swagger back. Because if they were still afraid - as they were for a very long time - that a cheaper, smaller-engined XF would undermine the premium status the XF had earned since its arrival, they’d have continued to make excuses for its absence from the XF range.