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Although Infiniti is already one of the fastest growing luxury car brands, it aims to give itself a bigger boost with a technology-laden crossover that one executive calls the most important vehicle in the brand’s history. The redesigned QX50, scheduled to reach dealerships in the first quarter of 2018, is the world’s first production car with a variable-compression engine, using technology that Nissan Motor Co. has been working on for about 20 years. The 2.0-liter, four-cylinder turbo increases the vehicle’s fuel economy to a combined rating of 27 mpg for the fro...
There are some serious issues on the 2017-18 Infiniti QX30 crossovers. Because of poor grounding of steering components could cause the driver-side airbag to deploy, potentially injuring the driver and resulting in a crash. This is why Nissan North America decided to recall all of them. The company notified the National Highway Traffic Safety Administration last week after receiving information about the potential problem in September from supplier Daimler AG. Nissan said 17,507 vehicles are affected. Vehicle owners will begin to receive notifications about the problem and how to ge...
U.S. auto sales did disappoint a lot as we told you în our previous article: U.S. April car sales decline deeper than expected. You knew about projections of 4% decrease and 3.1% decrease coming from major companies but even so it’s hard to understand what exactly happened with the car market industry. Here's how major foreign automakers fared: Toyota1st Projection: -4.8%2nd Projection: -4.8%Actual results: -4.4%The Japanese automaker sold 201,926 vehicles in the U.S. in April. The company's namesake Toyota brand recorded a 3.5% sales decrease, whi...
Although stores selling the Lexus, Audi, Infiniti and Acura luxury brands are seeing double-digit profit declines this year, profits at Toyota and Honda dealerships are growing. Nissan and Acura dealers experienced the biggest declines. Alan Haig, president of buy-sell advisory firm Haig Partners in Fort Lauderdale, Fla, said that this is the first time such data has been published. He claims that this visibility into earnings will give owners, buyers and sellers insight into what they should be doing. He also added that this can also spark conversation between dealers and automakers on w...
At the Los Angeles Auto Show, CEO Brian Krzanich said Intel Capital intended to invest more than $250 million over the next two years to develop technology for autonomous vehicles. During his keynote speech, Krzanich said the company would use its expertise to handle vision processing, 5G connectivity, cloud computing, machine learning and security. Intel, which traditionally has not been a major automotive supplier, has been expanding its presence in recent years. Over the past 12 months, the company says it has booked contracts with a variety of automakers worth $1 billion. Custom...
