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Nissan to build $2 billion plant in Mexico

Nissan Motor Co. will build a $2 billion auto assembly plant in Mexico, its third in that country, as it works to outgun rival Honda Motor Co. The plant, in Aguascalientes, Mexico, will have initial capacity to build 175,000 light vehicles annually for the United States, Mexico and Latin America, with plans to expand.

First Sight: Volvo Concept Coupé

It's clear talking to the team responsible for the Volvo Concept Coupé this isn't just 'another concept car'; it's a manifesto for where the sole remaining Scandinavian car brand is heading. It marks a new dawn for the company by introducing a new platform, range of engines and design language devised by Thomas Ingenlath. Car Design News traveled to Volvo's design studio in Gothenburg to see the car and speak to the team behind it ahead of its official unveiling in Frankfurt.

Toyota ends powertrain deal with Tesla

To the surprise of no one, Toyota has announced the end of a partnership with Tesla that gave rise to the slow-selling RAV4 EV, which will be replaced by a fuel cell car next year. Toyota has said that it can't meet California's zero-emission vehicle (ZEV) mandate profitably with electric cars, but it thinks it can make money, or at least not lose so much of it, with fuel cells. Toyota signed a $100 million joint development deal in 2011 with Tesla, to build powertrains for its RAV4 EV.