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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.

Production of Camaro convertible to start in 2011

Despite General Motors' current economic woes, production of a convertible version of the Chevrolet Camaro is on track to start in early 2011. That is later than the original plan of having the ragtop Camaro go into production early next year, a GM spokesman told Automotive News. But the program was not canceled, just delayed, the spokesman said.

Porsche Cayman Edition 1 (2007): first official pictures

By Ben Whitworth First Official Pictures 14 August 2007 04:00 So, black is the new black at Porsche. So it seems. This is the new Cayman S Porsche Design Edition 1, a special run of 777 all-black Cayman models – based on the 3.4-litre 295bhp Cayman S.