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Nissan announces its 'Power 88' five-year plan

Rated 4 out of 54

Mark Hamilton, 27 June 2011 17:30

Nissan CEO Carlos Ghosn has announced the firm's 2011-2016 business plan. The Nissan Power 88 plan aims to increase Nissan's global market share and sets strong profitability targets for Japan's No.2 carmaker. Power 88? Sounds like an FM rock station. What's Nissan's plan about? Putting aside the interesting choice of name for its latest five year plan, Nissan have two main aims ...

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Nissan announces its 'Power 88' five-year plan

Nissan announces its 'Power 88' five-year plan

Rated 4 out of 54

Mark Hamilton, 27 June 2011 17:30

Nissan CEO Carlos Ghosn has announced the firm's 2011-2016 business plan. The Nissan Power 88 plan aims to increase Nissan's global market share and sets strong profitability targets for Japan's No.2 carmaker. Power 88? Sounds like an FM rock station. What's Nissan's plan about? Putting aside the interesting choice of name for its latest five year plan, Nissan have two main aims ...

Saab secures more funds as it seeks to avert collapse

Saab secures more funds as it seeks to avert collapse

Rated 3 out of 53

Mark Hamilton, 27 June 2011 09:09

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  ...

Bugatti sells its last Veyron

Bugatti sells its last Veyron

Rated 3 out of 53

Mark Hamilton, 24 June 2011 16:00

Bugatti has sold the last of its 300 Veyron 16.4 supercars. The customer of the final Veyron is based in Europe and is new to the Bugatti marque. Bugatti Veyron: the controversial king of the supercar world Volkswagen Group picked up the Bugatti name in 1998, following the 1995 bankruptcy of Romano Artioli's Modena-based Bugatti factory, which had produced the ...

Saab unable to pay wages as financing crisis deepens

Saab unable to pay wages as financing crisis deepens

Rated 2.5 out of 52.5

Mark Hamilton, 24 June 2011 08:57

Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has ...

Lotus V8: the new engine plan in full

Lotus V8: the new engine plan in full

Rated 3 out of 53

Tim Pollard, 23 June 2011 12:30

Lotus has confirmed details for its new inhouse V8 engine family, which will make its first road car appearance in the 2013 Esprit. Responding to feedback which said the 'New Era' plan to launch five new models was weakened by its reliance on Toyota engines, the new management team decided last Christmas to design and develop its own engine. 'The ...

Infiniti 'gunning for 700,000 sales' - Ghosn

Infiniti 'gunning for 700,000 sales' - Ghosn

Rated 3.5 out of 53.5

Tim Pollard, 23 June 2011 11:25

Infiniti is planning to announce a new sales target of 10% global luxury market share - quadrupling sales to 700,000 a year - in a new mid-term statement due this summer. Renault Nissan chief executive Carlos Ghosn told CAR that Infiniti is on line to sell 165,000 cars worldwide in 2011 but said Nissan was investing heavily in its premium division to swell ...

News watch June 2011: today's auto industry news

News watch June 2011: today's auto industry news

Rated 3.5 out of 53.5

Mark Hamilton, 23 June 2011 11:07

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourThursday 30 June 2011• Toyota is planning a massive media campaign in the US to promote its new Camry saloon, due in autumn 2011. At a dealer meeting in Las Vegas, Toyota executives announced ...

The Porsche 911: the car that shouldn’t work but does

The Porsche 911: the car that shouldn’t work but does

Rated 4 out of 54

andy p, 17 June 2011 02:02

Humanity might struggle perpetually with questions like the meaning of life, but it does know one thing for sure: rear engine cars are bad. Like a sling shot, the heavy engine at the back is always trying to overtake the driver in front. Anyone can understand that.Yet the Porsche 911 - one of the fastest cars on the market, and ...

BMW 1- and 3-series coupes to become 2- and 4-series

BMW 1- and 3-series coupes to become 2- and 4-series

Rated 2.5 out of 52.5

Georg Kacher, 14 June 2011 09:17

BMW is shaking up its badging strategy and will turn the next-gen 1-series and 3-series sporting derivatives into the 2-series and 4-series. Two-door Ones and Threes - the coupes and convertibles - will in future be rebadged as the BMW 2-series and BMW 4-series. Why exactly are they rebadging BMWs as 2-series and 4-series? Audi and Mercedes went ahead and ...

Tomorrow's world: the touchscreen steering wheel

Tomorrow's world: the touchscreen steering wheel

Rated 3 out of 53

Sarah-Jayne Harrison, 13 June 2011 11:02

You might think the steering wheel has done a pretty good job of directing cars for the past century. But now a team of researchers from the University of Stuttgart is attempting to reinvent the wheel. The scientists have come up with a touchscreen steering wheel, which they reckon could replace the humble wheel with stereo and cruise controls. What's the ...

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