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Final 16 contestants in U.S. GT Academy to compete at Silverstone in June

The remaining 16 contestants in the U.S. GT Academy will head to England's Silverstone circuit for a weeklong boot camp in June, Sony Computer Entertainment America and Nissan North America said Wednesday. The GT Academy began with 53,000 registrants who competed for the opportunity to race for Nissan in an undisclosed event.

Chrysler Sebring Convertible

By Ben Whitworth Motor Industry 29 November 2006 09:43 America’s best-selling convertible arrives here a year from now – complete with right-hand drive layout, tax-friendly turbo diesel power, metal folding roof, sharpened dynamics and a £22k price. Unveiled at this week’s Los Angeles motor show, the all-new Sebring will come with the choice of either a Volkswagen-sourced 2.0-litre 140bhp turbo diesel fourpot or Chrysler’s own 189bhp 2.7-litre V6 petrol engine, hooked up to six-cog automatic or manual boxes. Chrysler’s engineers claim that roof down, the new convertible is two and a half times stiffer than its predecessor, which is just as well as the previous model – which was sold in minute quantities here back in 2001 – had all the torsional rigidity of a wet bath sponge.

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.