B&m 70419 Holeshot 2400 Torque Converter 1984-93 Gm Th700-r4 V8 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.

Infiniti EV put on hold to concentrate on volume sales

An Infiniti EV based on the Nissan LEAF (previewed by the LE Concept above) have been put on hold Nissan’s luxury arm, Infiniti, is on a global push to try and make inroads in to the dominance of Lexus in the luxury Japanese car arena, and has ambitious plans to be selling 500,000 cars a year by 2017. But Infiniti sold only a third of that total in 2012, so any chance of hitting the lofty target of 500k cars in the next five years means they must concentrate on volume cars, not niche cars like a Nissan LEAF based EV. That means the LEAF-based Infiniti LE EV Concept we saw at the New York Auto Show in 2012 will stay as a concept for the foreseeable future as Infiniti boss, Johan de Nysschen, seeks volume cars that will push the brand forward and bring proper sales numbers.

One Lap of the Web: Loewy, Knieval and an evil Capri

-- If you've been on Google today, you may have noticed the tribute to famed industrial designer Raymond Loewy who penned, among countless other icons, the Studebaker Avanti. Loewy was born on November 5, 1893 -- read more about his life and designs here, and about his Studebaker Avanti here. -- Courtesy of an English auto body shop, this series of photos is a must-see for anyone contemplating the purchase of an old car.