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Nissan to move Murano build to Tennessee, report says

Nissan Motor Co. plans to shift output of the Murano crossover to its Smyrna, Tenn., plant from Japan, as it overhauls production amid the soaring yen, a news report said. The changeover will come around 2014, when the Murano is expected to undergo a full model change, Japan’s Nikkan Kogyo business daily reported on Thursday.

Barcelona’s Ferrari Land to open in 2016

Ferrari and PortAventura Entertainment -- a subsidiary of industrial solutions and capital company Investindustrial -- have inked a deal to build a new Ferrari Land amusement park inside the PortAventura resort near Barcelona, Spain. The theme park will cover 807,000 square feet, including attractions like Europe’s highest and fastest roller coaster, five-star accommodations, 250 hotel rooms and a driving simulator. The project involves an investment of 100 million euro ($139 million).

Toyota & Lexus: Hybrid sales in Europe hit 20%

The ‘Green’ evangelists want to get us all driving electric cars to save the planet, but in the real world car drivers want a car that offers them all the practicality of a normal ICE car, but without the penalties of the poor range, high cost and inconvenience of an EV. So, with ever-rising fuel costs, it’s no wonder car buyers are willing to pay a little more for a car that offers better economy at the pumps – which plays straight in to the hands of Hybrid pioneers Toyota. The result is that Toyota and Lexus now see a full 20 per cent of their sale in Europe being hybrid cars in the first quarter of 2013, with sales of hybrid cars up a massive 82 per cent year-on-year.