Category: News Site

FOCUS-Nissan faces long, rocky road to cut U.S. discounts, rental sales

DETROIT/TOKYO (Reuters) – Nissan Motor Co Ltd said on Tuesday it had hit “rock bottom” with a 45% drop in annual operating profit. The automaker’s troubles in the United States, including a failure to deliver on a slew of promises to dealers, are a major reason why. FILE PHOTO: A finished Nissan Altima comes off… Continue reading FOCUS-Nissan faces long, rocky road to cut U.S. discounts, rental sales

Nissan Might Buy Stake In A Chinese Electric Automaker

Nissan may need something compelling soon, and a Chinese EV startup could be the answer. According to a recent report via Bloomberg, Nissan may be considering an investment in a China-based EV startup company. While the automaker has seen massive global success with its all-electric LEAF over the years, the competition is increasing and it… Continue reading Nissan Might Buy Stake In A Chinese Electric Automaker

Bond fans look forward to driving Goldfinger Aston Martin

Aston Martin DB5 from Goldfinger film will feature battering rams, retractable bulletproof glass and ability to produce oil slicks Aston Martin is producing 25 new Goldfinger DB5s. Photograph: Max Earey/Aston Martin If they’re rich enough, James Bond fans will soon be able to live out their fantasies of driving 007’s Aston Martin DB5, the one… Continue reading Bond fans look forward to driving Goldfinger Aston Martin

Lotus considering GT, saloon, crossover and SUV projects

Lotus could build GTs, sports saloons, crossovers or SUVs in future, according to new boss Phil Popham – but only after it has re-established its credentials as a sports car firm. Earlier this year, Lotus revealed plans for an electric hypercar, codenamed Type 130, as well as indicating it was preparing to launch a new… Continue reading Lotus considering GT, saloon, crossover and SUV projects

Volkswagen ID 3: pre-orders for electric hatch reach 15,000

Volkswagen sales boss Jürgen Stackmann said that the start of ID pre-booking ushered in “the third major chapter of strategic importance in the history of our brand, following the Beetle and the Golf”. He added: “With the ID 3, we are making the electric car fit for mass mobility.” Stackmann said that the ID 3 represented… Continue reading Volkswagen ID 3: pre-orders for electric hatch reach 15,000

Chinese EV start-up boss: new premium firms won’t survive

The boss of new Chinese EV firm WM Motor believes the challenge of establishing a brand means that premium start-up firms will struggle to survive – which is why his firm will focus on the mainstream market. Originally known as Weltmeister, WM Motor was founded in 2015 and last year launched the electric EX5 SUV… Continue reading Chinese EV start-up boss: new premium firms won’t survive

Aston Martin details James Bond-inspired DB5 continuation

When Aston Martin announced that it was planning to create 25 ‘continuation’ replicas of the DB5 used in the James Bond film Goldfinger, the big question was how it would deliver on the original car’s huge tally of gadgets. Now the firm’s Works Division has shown us several of the gadgets under development in the… Continue reading Aston Martin details James Bond-inspired DB5 continuation