I already posted some unique places car companies were storing unsold cars but Toyota in Swedan has accumulated so many cars that it no longer has room in its 12,500 car lot. The situation is …

It’s confirmed: Nissan is making a return to FIA GT racing. The news came from Nissan Motors Australia Managing Director and CEO Dan Thompson at the press day of the 2009 Melbourne Motor Show.
GTRBlog reports …

Honda has announced Takeo Fukui, the current president and chief executive, will step down in June and make way for Takanobu Ito. Ito, 55, an engineer with American experience gets the bump up as part …

Facing its first loss in nine years and a climbing yen, Nissan’s bottom line continues to hurt. The company is responding to an expected $3 billion loss by shifting production of the Versa/Tiida from Japan …

Carlos Ghosn’s drastic cost cutting annoucement has killed the Nissan 200SX replacement project, AutoCar reports, and the Infiniti Saloon program based on the GT-R has been put on the back burner for the time being.
It …

Twenty years ago Mazda debuted the first MX-5 to the world at the Chicago Auto Show and they’re back in town to celebrate. Maxing out the spending card, Mazda celebrated the Miata MX-5′s 20th birthday …

Nissan has joined a long list of companies to announce job cuts and the numbers are big. More than 20,000 jobs, or about 8% of Nissan’s total workforce, will be lost around the world. The …

Carmakers around the world are axing jobs and halting production as the number of unsold cars climbs to unprecedented levels. Storage areas and docksides that once functioned as temporary parking are now packed with vast number of unsold cars …