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General Motors boss Dan Akerson gets into the Woodward Dream Cruise act

General Motors chairman Dan Akerson personally led a parade down metro Detroit's famed boulevard for car aficionados, Woodward Avenue, on Thursday as part of festivities for Chevrolet's 100th anniversary and in advance of the Woodward Dream Cruise. Taking the wheel of a cherry-red 1960 Corvette, Akerson helmed the procession of Chevy icons, which included 51 Volts. The group was augmented by Camaros, more Vettes and other classics.

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.

Renault teases new Captur crossover

Renault has teased its Captur crossover ahead of its full unveiling on Friday. The image shows the front-end design of the car, which flags up many of the same cues as the latest Clio, unveiled in Paris last year. The tapering headlamps across the corners are instantly recognizable, for example.