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Infiniti will move back to Japan from Hong Kong in 2020

BEIJING – Nissan's premium brand Infiniti is relocating its headquarters back to Japan from Hong Kong, its home since 2012, to create "more operational efficiencies" with its parent company, according to a document seen by Reuters on Wednesday. The move planned for mid-2020, and expected to be publicly announced later on Wednesday, will help the Japanese automaker cut costs amid a slump in its global earnings in the year ended March 31. "The relocation will further integrate (Infiniti) with global design, research and development and manufacturing functions based in Japan," Nissan said in the statement, adding that Infiniti would continue to "operate independently". The move also was "crucial" for Nissan to follow through on its strategy to electrify the Infiniti lineup, the document said, with plans for every premium model launched from 2021 to be either all-electric or "e-Power" hybrid. A Nissan official, speaking on condition of anonymity, said that while there was a "fair amount of platform and other base technology sharing" between Infiniti and the main volume brand Nissan, "there could be more". Nissan's global operating profit plunged 45% in the last fiscal year and would likely drop another 28% to "rock bottom" in the current one, according to company filings earlier this month. Infiniti's move back to Japan will reverse a decision made under ousted leader Carlos Ghosn to dilute the premium brand's Japanese origins in order to foster a more global image. Its Hong Kong headquarters has about 180 employees who were told about the move back to Yokohama earlier on Wednesday, according to the Nissan official. The Hong Kong headquarters and the global image it was intended to promote were seen as critical for Infiniti to make inroads in China, where being Japanese can sometimes be a handicap because of historical animosities. In 2012, Infiniti and other Japanese brands took a battering in the wake of diplomatic spats over disputed islets known as Diaoyu in China and Senkaku in Japan. Since then, Japan's bilateral relationship with China has steadily improved and Japanese automakers including Nissan and Toyota are seeing their businesses expand, even as China's overall auto market has slumped over the past year. (Reporting by Norihiko Shirouzu; Editing by Stephen Coates)

2022 Infiniti QX60 pricing starts just under $48,000

Just a month after being revealed, the 2022 Infiniti QX60 has pricing. The base model starts at $47,875, which is $2,500 more than the outgoing model. The model line spans four trims, Pure, Luxe, Sensory and Autograph. Each one comes standard with front-wheel drive with all-wheel drive as an option. Adding all-wheel drive adds $2,000 for all trims except the Autograph, which costs $2,900 as it includes the tow package with a hitch, hitch wiring and transmission oil cooler. You can see the base prices for all trims below, and the crossover goes on sale this fall. Pure: $47,875 Luxe: $53,925 Sensory: $57,375 Autograph: $61,375 The QX60 comes pretty well equipped even at the base level. On the outside, it has 18-inch alloy wheels and LED headlights and taillights. Inside it has a 12.3-inch infotainment screen, nine-speaker sound system, power hatch, panoramic sunroof, leather first- and second-row seats, front seats with heat and power adjustment and three-zone climate control. Some of the safety features include front and rear automatic emergency braking, blind-spot warning and rear parking sensors. Moving up to Luxe adds 20-inch wheels and roof rails outside. Inside it gets a 12.3-inch instrument display panel, heated and cooled seats. Tech upgrades include navigation, ProPilot Assist highway and stop-and-go assistance, surround-view cameras, traffic sign recognition and remote start. Sensory focuses on the interior with massaging front seats, heated outboard second-row seats, power-folding third-row seats, wireless phone charging, motion-sensing power hatch, open-pore wood trim, ambient lighting and a Bose 17-speaker sound system. The top-rung Autograph has a number of exclusive upgrades. The exterior features a black roof and roof rails. The interior gets semi-aniline leather, captain's chairs in the second row with a removable center console, 10.8-inch head-up display, camera-display rearview mirror and adaptive headlights. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

These are the top luxury cars bought by people entering the segment for the first time

Let's say you just got a big promotion at work or the kids are moving out of the house, and you finally have some extra money. You decide to blow it all at once and treat yourself by upgrading your ride. Naturally, you look to a luxury automaker. What do you choose?
Models like the Audi A3 and Mercedes-Benz CLA-Class may be tailor-made to introduce buyers to the premium segment, but a new study finds that they don't garner the highest rates of non-luxury customer conquests. It turns out that a Volvo leads among folks moving up to a premium brand, and it isn't even one that's made anymore, at that.
A recent study by Polk and IHS Automotive looked at what models had the highest rates of buyers upgrading from a non-luxury segment. The information comes from its new vehicle registration data through April 2014. All ten top models boasted conquest rates of over 50 percent, but the Volvo C70 led the field with 68.01 percent of its customers coming from non-premium brands.