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Ford kills Mercury – boosts Lincoln

The Linclon Concept C - Lincoln's first C-Segment car? In what is probably the least surpring move by Ford the Mercury moniker has been consigned to the history books as Ford continues to rebuild not just its balance book but its brand. Having finally divested itself of its troublesome posh-badge crew of Jaguar, Land Rover, Aston Martin and Volvo, the only surprise is that the Mecury brand lasted this long.

Mazda hints at new look

By Phil McNamara Motor Industry 15 November 2006 10:49 Mazda is working on an all-new, swoopy design language, which will be unveiled on this Nagare concept car in late November. The company has issued this borderline pointless, teaser sketch of the coupe concept. The Nagare show car – to be unveiled in Los Angeles on 29 November – will influence the next wave of Mazdas, such as future sports cars.

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.