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Fire sale continues: Ford cuts stake in Mazda

By Tim Pollard Motor Industry 18 November 2008 16:09 Yesterday GM sold its stake in Suzuki; today Ford announced plans to slash its shareholding in Mazda. Previously the Blue Oval held a third of Mazda’s stock, but it has cut that to just 13%. Ford admitted the sale was purely to boost its balance sheet, as the Big Three continue to struggle with cashflow.

Volkswagen Passat Executive and Executive Style

Volkswagen’s moving up in the world with the introduction of the Executive and Executive Style to its Passat range. The two new models add a bit of luxury and bling to the current Passat, ahead of rumours of an all-new version coming in 2015. Find out how much a used Volkswagen Passat costs on Auto Trader On Bing: see pictures of the Volkswagen Passat The new Passat Executive is fitted with 17-inch alloys (an inch bigger than standard on the base-spec ‘S’), as well as splashes of exterior chrome and matt black roof rails on the estate.

2013 BMW 328i Sports Wagon soldiers on in the United States

European wagons have rarely enjoyed much success in the United States. But that hasn't deterred BMW, which will continue selling the 3-series Sports Wagon here for 2013. BMW will offer just one powertrain in the 328i Sports Wagon, the new 2.0-liter, 240-hp, 255-lb-ft twin-scroll turbocharged four-cylinder.