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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.

Concept Car of the Week: Alfa Romeo Giulia 1600 Sport (1965)

Autodelta produced 112 Alfa Romeo TZs between 1963 and 1965. The TZ abbreviation – for Tubulare Zagato – refers to the innovative lightweight spaceframe chassis that kept the weight at an impressive 660kg and assured great performance both on the road and on the track. Out of those desirable TZs, Zagato bodied the vast majority but two of the chassis were also handed to rival carrozzerias Bertone and Pininfarina.

Ford Mustang celebrates 48 years

On April 17, 1964, at the World's Fair in New York, Henry Ford II brought the world its first pony car, the Ford Mustang. In a move that would never be possible today, cars were taken to dealerships for sale prior to the reveal. Ford sold 22,000 units on day one.