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Nissan launches new model avalanche

Nissan president and CEO Carlos Ghosn plans 60 new models By Tim Pollard Motor Industry 14 May 2008 10:32 Nissan will launch 60 new products in the next five years, the company’s latest business plan reveals. And it'll need every new model it can lay its hands on, amid a profit warning and a 30 percent collapse in profits this year. The company certainly loves catchily titled grands projets; following hot on the heels of the Nissan Revival Plan, Nissan 180 and Value-Up, it’s now announced the Nissan GT 2012 plan – spelling out the company’s strategic aims for the next five years.

Ford Focus Electric debut

2012 Ford Focus Electric - debuted at CES Las Vegas We expected Ford to debut the electric version of the new Focus at the Detroit Motor Show next week until they did the whole ‘Electric Focus Tease‘ thing last week. Just like Audi with their latest e-Tron Spyder, Ford has chosen to take the wraps off at the CES in Las Vegas. Which is probably as clear an indication as you need that the car’s place in the marketplace is becoming blurred with the push towards electric cars.

GM files plan for stock offering

General Motors Co., moving to unwind itself from government control, on Wednesday filed plans to go public and begin selling common shares as early as this fall. The filing--anticipated for weeks--came just 13 months after GM was restructured in bankruptcy with $50 billion in direct aid from the U.S. government.