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GM to cut 14% of global salaried workforce this year

General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.

Nissan to pull Infiniti production out of Japan to counter strong yen

The high value of the yen will prompt Nissan Motor Co. to shift production of Infiniti vehicles out of Japan to other locations, Nissan CEO Carlos Ghosn said. "You won't have to wait a long time before we make a decision about the new base for sourcing of Infiniti," Ghosn told a group of reporters April 4 during the New York auto show.

New Maserati Ghibli could get 4.0 litre V8 Diesel

The V8 diesel is not exactly the most common engine on offer, but it is an engine Ford makes and is probably best known as the engine of choice in the new Range Rover and the new 2014 Range Rover Sport (finally). We’ve also been championing its credentials as a perfect V8 diesel engine for Jaguar’s XJ, but Jaguar don’t seem to be listening. But it’s not just Land Rover who’ve got a big V8 diesel in an appealing road car, Porsche also has the new Cayenne diesel S complete with a V8 diesel with oodles of torque, the promise of great headline economy when you’re poodling and a 0-62mph in just 5.7 seconds.