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Mazda SkyActiv technology goes on offer to raise funds

Mazda is looking to license their SkyActiv Technology to raise capital (CX-5 with SkyActiv pictured) Mazda are predicting losses for the current financial year of £750 million and are looking to sell their SkyActiv technology to raise cash. Mazda isn’t having the best of times at the moment, despite an impressive range of cars that are getting more interesting with Mazda’s SkyActiv technology, and are predicting that they will post a loss of around £750 million for the current financial year. There are a variety of reasons for Mazda’s financial predicament – including the strength of the Yen and the production problems after the Japanese Tsunami – but this is the fourth year in a row Mazda has posted losses.

Mercedes Concept BlueZero: first pictures

By Ben Pulman First Official Pictures 16 December 2008 11:00 Mercedes will present three zero-emissions concept cars at the Detroit motor show in January 2009. Dubbed Concept BlueZero, the trio of vehicles is designed to showcase eco-friendly cars with everyday practicality – and demonstrate Mercedes’ single vehicle architecture that is used as the basis for all three. It's a bit complicated, this.

UK car production tops 1.5 million

THE NUMBER of cars built in the UK topped 1.5 million last year, the highest for six years, amid what's being called "surging" demand at home and abroad. Production increased by 3.1% in 2013, with analysts predicting that output would reach record levels of around two million by 2017. The Society of Motor Manufacturers and Traders (SMMT) said the UK was set to become the third largest car manufacturer in Europe after Germany and Spain.