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According to Bob: How GM cars got better

Even before he rode into General Motors as the product-development savior in 2001, Bob Lutz found himself being recruited for plots to take over the company. There was Heinz Prechter, the ASC sunroof king who proposed that Lutz and ex-Chrysler executive Steve Miller join with him as a pre-assembled management team to buy shares and get the board to clean out management. There was J.T.

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.

BMW to invest £500 million in UK MINI production

David Cameron welcomes BMW's £500 million investment in the UK What’s going on? Two days on the trot we get good news about the UK economy. Yesterday we reported that Nissan are to invest £192 million to design and build the next generation Qashqai in the UK, and today comes confirmation from BMW that they will be spending £500 million over the next three years in the UK as they gear up for the next generation MINI.