'We did a wild bet,' said the executive.

Infiniti is in the rebuilding stages. The luxury brand has struggled in the last few years, trimming its portfolio down to just two models, with a third on the way. Sales continue to fall, and in a recent interview, Nissan CEO Ivan Espinosa explains how it all went wrong.

“There were many mistakes,” he said. One was the decision to develop a dedicated architecture for Infiniti. Another was Nissan’s ambitious goal of achieving 8 million sales a year, a target the automaker never came close to meeting.

— Anthony Alaniz, Associate Editor

Nissan CEO Ivan Espinosa confirmed to Motor1 that a new GT-R is already in the works, and more sports cars could potentially be on the way.

Nissan has confirmed the R36 GT-R, noting that the sports car is already in development. Here’s what we know so far.

Production of each fully loaded model will be limited, feature gold badges and Signature logos, and be invite-only if you want to buy one.