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Mazda opens new plant in Salamanca, Mexico

Mazda Motor Corp. chairman Takashi Yamanouchi opened the company's new small-car assembly plant in Mexico today, calling it the company's "most important global strategic base." The factory, which will produce up to 230,000 vehicles each year, is a cornerstone of the structural reform plan "upon which the very future of company hinges," Yamanouchi said in remarks prepared for the opening ceremony. "Mazda's Structural Reform Plan, upon which the very future of the company hinges, positions this plant as our most important global strategic base," Yamanouchi said of the factory, which is about three hours northwest of Mexico City in Guanajuato State.

Bill Gates, venture capitalist invest $23.5 million in EcoMotors

EcoMotors International has received $23.5 million from Microsoft Corp. Chairman Bill Gates and investor Vinod Khosla for engineering and testing of its trademarked Opoc engine technology. EcoMotors said in a statement Monday that the investment marks a key advance in commercializing its opposed piston-opposed cylinder engine.

2013 VW Beetle R-Line Package

Volkswagen has revealed two R-Line Packs for the new Beetle – one for the interior, one for the exterior – to spice up the Beetle. The VW Beetle we’re really looking forward to that has an ‘R’ on its boot is the Beetle R, but it looks like we’ll have to make do with an ‘R’ cosmetic makeover for now in the guise of the VW Beetle R-Line. Volkswagen has revealed a pair of R-Line packs for the new Beetle that add a bit more purpose to the Beetle pastiche – one for the exterior and one for the interior.