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Nissan to slash jobs, production after forecasting $2.9 billion loss
Mon, 09 Feb 2009Reversing 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.
2013 Astra Cabrio caught on video
Thu, 30 Aug 2012We have video of the 2013 Opel / Vauxhall Astra Cabriolet on video ahead of its debut at the Paris Motor Show. We’re guessing that even though the 2013 Astra Cabriolet (which will arrive as both the Vauxhall and Opel Cabrio) is due to debut at the Paris Motor Show next month, it won’t be in showrooms until the spring – just in time for another miserable summer. Ahead of that debut, GM Europe are out at the Nurburgring making sure their new soft-top doesn’t wibble wobble too much, resulting in the spy video below.
Toyota Hybrid-R concept is 400hp Yaris
Tue, 13 Aug 2013Toyota Toyota has confirmed the Hybrid-R concept is based on an existing production model – but it won’t be a souped-up version of the GT86 sports car as we initially suspected. Instead a new picture reveals something far more radical: the Hybrid-R is a 400hp petrol-electric Yaris. Yes, Yaris.