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Video: Nissan Preparing To Break Nurburgring Record With Nissan GT-R Nismo

The Nurburgring is typically used by automakers to test their new vehicles in an attempt to gauge how fast it can go around the track relative to the competition. Now, it appears that Nissan is setting up shop at the ’Ring this week in an attempt to set a new lap record for the Nissan GT-R . The car that’s poised to challenge that mark?

Suzuki Reports Q1 2013-2014 Results

Suzuki reported an 18.5% increase in net sales from its motorcycle business in its first quarter ended June 30, 2013. Suzuki reports sales of 70.5 billion yen (US$710.1 million) from its motorcycle business, an increase from 59.5 billion yen reported in the same quarter last year. Unfortunately, despite increasing revenue, Suzuki’s motorcycle operations still remains in the red, operating at a loss of 2.7 billion yen (US$27.2 million) compared to a loss of 3.5 billion yen in the first quarter last year.

Suzuki Forms Joint Venture for Developing Fuel Cell Technology

Suzuki announced it is partnering with U.K.-based Intelligent Energy Holdings to form a joint venture for developing fuel cell systems. The new joint venture, SMILE FC System Corporation, will work on developing fuel cell systems for both motorcycles and automobiles. Intelligent Energy, with its fuel cell expertise and Suzuki, with its mass production capabilities, will each have 50% share of SMILE FC.