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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.

Lamborghini Gallardo LP550-2 Valentino Balboni (2009)

By Ben Pulman First Official Pictures 01 July 2009 10:00 Lamborghini has unveiled the limited edition Gallardo LP550-2 Valentino Balboni, a new entry-level model, and its first rear-wheel drive supercar since the Diablo. The Italian supercar company has long promised that all its cars will resolutely remain four-wheel drive, but it’s building the two-wheel drive LP550-2 (hence the name) to celebrate its legendary test driver Valentino Balboni. Just 250 will be built.

Lotus planning Electric Car

I suppose it was inevitable that Lotus would not settle for simply supplying Tesla with the chassis for their electric car, and would look to jump on the bandwagon of electric cars (EV). Lotus CEO, Michael Kimberly, has told the Financial Times that Lotus is planning an electric car “sooner rather than later”, and went on to say that it will be an extended range battery vehicle. Extended range EVs (like the Chevy Volt) are probably the best option for a mainstream car at the moment, at least until you can buy hydrogen at the pumps other than in California.