Dorman C92935 Brake Cable-cable - Parking Brake 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.

Video: Chevrolet C7 Corvette digital gauges teased

Chevrolet has released a new teaser video of its new C7 Corvette revealing more interior details and its new digital gauge cluster. With the 2014 Chevrolet Corvette's debut at the Detroit auto show rapidly approaching, the carmaker's latest teaser shows a new 200-mph speedometer and an all-digital screen featuring a large, centralized tachometer and information display. The latest teaser comes two weeks after another video showed the new Corvette testing in the wind tunnel, giving us minor glimpses of the C7. Within the first five seconds you can see a profile shot of the covered-up C7 before some flashes of design sketches.

Walt Arfons: 1916-2013

No one seemed to know why the two brothers stopped talking, but their resulting rivalry led to some of the fastest cars ever built, two of which went more than 600 mph. Walt Arfons battled his half-brother Art on the Bonneville Salt Flats and at dragstrips across the country, but the pair rarely spoke over the course of one of the longest and most intense motorsport rivalries ever. Walt and Art started out working together, building a three-wheeled dragster in their native rural Ohio in 1952.