Nissan Plans To Downsize, Sell 1 Million Fewer Cars, Sources Say

Nissan plans to downsize, sell 1 million fewer cars, sources say

TOKYO/BEIJING — Nissan Motor Co's management has become convinced the struggling automaker needs to be much smaller, and a restructuring plan due out next month would likely assume a cut of 1 million cars to its annual sales target, senior company sources said.

Even before the spread of the coronavirus, Nissan's sales and profits had been slumping and it was burning through cash, forcing it to row back on an aggressive expansion plan pursued by ousted leader Carlos Ghosn. The pandemic has only piled on urgency and pressure to renewed efforts to downsize.

Honda Type R Badge Only For Racing-related Cars, Nsx Unlikely

Honda Type R badge only for racing-related cars, NSX unlikely

During a roundtable during a recent event hosted by Honda, we joined in on a roundtable interview with Honda Technical Consultant Ko Yamamoto and Honda Civic Type R Project Leader Hideki Kakinuma. Questions were asked about the Type R brand broadly, as well as the potential for some new projects. The answers were both good news and disappointing news for Honda fans.

The good news is that Honda takes the Type R name and brand very seriously. Yamamoto and Kakinuma explained that the name and its associated red "H" badge are only for vehicles with a racing connection, such as the Honda Civic Type R that has a couple of racing variants. As such, you won't be seeing a CR-V, Odyssey or Insight with the Type R name. Furthermore, the Type R name is only for Honda-badged vehicles, despite the existence of the Acura Integra Type R a couple decades ago.

Subaru Will Make The Shift To 100% Electric Cars By Mid 2030s

Subaru Will Make The Shift To 100% Electric Cars By Mid 2030s

A lot of carmakers these days are creating electric cars or hybrids at the very least. This is because as the world starts to run out of fossil fuels, creating cars that don’t require them makes a lot of sense. In fact, Japanese carmaker Subaru has announced that by the mid 2030s, they plan to sell only electric cars.

As it stands, Subaru already sells hybrid and plug-in hybrids, but the company is expected to develop what they are calling a “strong hybrid” vehicle using Toyota’s technology. Speaking during a briefing, Chief Technology Officer Tetsuo Onuki said that despite using Toyota’s technology, they still want to make cars that are distinctively Subaru.

The 2006 Acura Rsx Type-s Was One Of The Finest Cars From Honda's Golden Era

The 2006 Acura RSX Type-S Was One Of The Finest Cars From Honda's Golden Era

With the NSX and Civic Type R currently in its range, there's no denying that Honda makes some exciting performance cars. However, there was a time, not too long ago, when the Japanese car manufacturer had a fleet of truly incredible driver's car. The Acura RSX Type-S, like this example for sale on Bring A Trailer, was one of the finest and perhaps least appreciated.