And now for your regular update of bad news from the auto industry. Autocar Magazine is reporting that Nissan has scrapped development of its rear-drive Silvia successor as cost-cutting measure. It's also been said that the GT-R-based Infiniti Sedan has also been cut. It's painful to hear about this, as the next-gen Silvia was one of those cars with potential to be a big sales hit around the world. Nissan is supposedly redirecting their efforts into building more small cars, including a hybrid competitor to the Toyota Prius and the Honda Insight. With the loss of the new Silvia and the "delay" of the Subaru-Toyota project, Hyundai should have the affordable FR sports market on lock for a long time…

Source: Autoblog, Photo: 7Tune

-Mike Garrett