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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.

Help Carr Magazine produce its next issue with Kickstarter

Carr Magazine, the insider publication for the car design community, is reaching out via its Kickstarter campaign to fund its fifth issue. Carr has always prided itself on ad-free pages and continual focus on the future of car design but to do this needs some help from its readers as the team looks to improve its circulation and bolster content. Their previous methods of content collection, publication and distribution have occasionally been hampered by purposefully small team but with this campaign they are aiming to produce more of the same quality content and distribute it faster and more efficiently to their truly global audience.

Subaru stops sales of three 2012 nameplates for brake problem

Subaru of America stopped the sale of 2012 Impreza, Legacy and Outback models on Nov. 25, following customer complaints about increased brake pedal travel. Parent company Fuji Heavy Industries says it is recalling around 3,000 cars already sold and delivered.