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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.

Update: Google self-driving car is really just a transportation pod

Google will launch its own fleet of autonomous vehicle prototypes – with no steering wheels and no gas or brake pedals – as the technology giant begins a new phase of its self-driving car project. Google designed the car and plans to have about 100 test vehicles that are fully autonomous with extra safety features, company co-founder Sergey Brin said during a conference Tuesday hosted by technology blog Re/code in Rancho Palos Verdes, Calif. > See how Google's autonomous car navigates city streets here The New York Times reported Tuesday night that a Detroit-area manufacturer is building the cars for Google, which declined to name the manufacturer, according to the Times' story.

Chrysler 300

The Detroit Motor Show will see Chrysler unveil its 2011 300. Whilst benefiting from an extensive exterior refresh, the platform on which it is based remains unchanged, meaning that this 2011 model is little more than a face-lifted variant of the car that joined us in 2004. The exterior of the 300 loses some of its forbearer's sinister styling; its imposing face has been substituted in favor of a softer, more rounded style, intersected only by the muscular wheel arches.