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2013 Nissan Juke Nismo is the runabout we've always wanted

The 2013 Nissan Juke Nismo has officially bowed at the 2013 Chicago Auto Show. Wearing a full body kit that serves up 37-percent more downforce than the standard front and rear fascias, the tuned hatchback also comes equipped with larger 18-inch wheels and a lowered suspension. Up front, LED daytime running lights join the festivities as well as contrasting side-view mirror covers and wider fender flares. Inside, buyers can expect to find a new sports steering wheel clad in Alcantara, as well as a set of Nismo seats stitched with red accents.
Nismo also cranked up the power on the Juke's turbocharged direct-injection 1.6-liter four-cylinder engine. The Juke Nismo delivers 197 horsepower and 184 pound-feet of torque, compared to the 188 hp and 177 lb-ft available in stock configuration. Buyers can have the engine with either a six-speed manual transmission or CVT gearbox, and the Juke Nismo can also be had with either all-wheel drive or front-wheel drive. Check out the full press release below for more information.

Renault-Nissan-Mitsubishi pool $200 million to invest in tech startups

PARIS — The Renault-Nissan-Mitsubishi alliance is setting up a $200 million mobility tech fund, three sources said, in the latest move by major carmakers to adapt to rapid industry change by investing in startups through their own venture capital arms. The fund, due to be unveiled by Chief Executive Carlos Ghosn at the CES tech industry show in Las Vegas next Tuesday, will be 40 percent financed by Renault, 40 percent by Nissan and 20 percent by Mitsubishi. "It will allow us to move faster on acquisitions ahead of our competition," one of the alliance sources told Reuters. Frederique Le Greves, a spokeswoman for the Renault-Nissan-Mitsubishi alliance, declined to comment. The traditional auto industry model based on individual ownership is threatened by pay-per-use services such as Uber, as well as ride- and car-sharing platforms, a challenge heightened by parallel shifts towards electrified and self-driving cars. Wary carmakers are struggling to embrace changes and technologies that some of their executives are only beginning to grasp. To accelerate the process, many are investing directly in the new services — and gaining access to intellectual property — via their own corporate venture capital (CVC) funds. BMW has purchased stakes in a plethora of ride-sharing, smart-charging and autonomous vehicle software firms through its 500 million euro ($600 million) iVentures fund, the biggest such in-house facility belonging to a carmaker. Among others that have been increasingly active are General Motors' GM Ventures, with $240 million, and Peugeot-maker PSA Group's 100 million-euro investment arm. CVC funds, a familiar feature of innovative sectors such as tech and pharmaceuticals, have become more commonplace among carmakers since the 2008-9 financial crisis. They let companies skip some of the formalities otherwise required for new investments, and pounce more swiftly on promising startups. The Renault-Nissan-Mitsubishi venture will also obviate the current need to thrash out the ownership split for each new alliance acquisition. It represents a further step in the integration of the carmakers as they pursue 10 billion euros in annual synergies by 2022. France's Renault holds a 43.4 percent stake in Nissan, which in turn controls Mitsubishi. Ghosn heads Renault and chairs all three.

Nissan could upgrade current GT-R yet again

Heisenberg himself would have been impressed by the unpredictability of the next-generation Nissan GT-R. We're pretty sure one is coming, we think it will be sometime around 2018, it could have a hybrid powertrain with an evolution of the 3.0-liter, twin-turbo V6 used in the GT-R LM Nismo endurance racer, and there's a chance its looks will point in the direction of the Nissan Concept 2010 Vision Gran Turismo concept. Oh, and rumor is that no matter what comes next, Nissan-Renault CEO Carlos Ghosn wants to sell more of them every month; GT-R sales are up about 40 units through August compared to last year, but that's still just 891 examples. What's Nissan going to do with the current GT-R for the next three years? According to a chat Top Gear had with Phillipe Klein, the company's head of product planning, Nissan can do more with the R35. Klein said, "We are very serious about this vehicle and its future," and, "There is still development potential there, always." That could mean any number of things, since we never have any idea what Nissan is going to do or not do with the GT-R. If Klein is talking about engineering more performance from this package and it's 3.8-liter, twin-turbo V6, does that mean a notable increase in horsepower for the standard version, or does that mean a super-duper edition hotter and faster around the 'Ring than the 600-hp, $149,990 GT-R Nismo? Or is it something else – because, frankly, the GT-R has plenty of performance right now and it's not the coupe's stat-sheet numbers that are holding it back. Since 2018 isn't that far away, we should probably know soon. Related Video: