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Mazda opens new plant in Salamanca, Mexico
Fri, 28 Feb 2014Mazda 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.
BMW i8 fetching 50% premiums in UK market
Fri, 12 Sep 2014The BMW i8 (pictured) is commanding a 50% premium The simple rules of a capitalist market is that supply and demand dictate price. Which is why BMW’s i8 hybrid supercar is fetching premiums of up to 50 per cent. With the entire i8 supply sold out for the next year, those with deep enough pockets – and a compelling desire for an i8 – are turning to i8 owners who have already taken delivery and making them offer they can’t refuse.
McLaren P1 supercar (2012) first official pictures
Tue, 18 Sep 2012Forget the abstract fluorescent light show teaser released earlier this month, because we’ve got official pictures of McLaren's latest supercar challenger. It's called the P1 and it certainly gives food for thought to those who were disappointed by the MP4-12C's styling. The F1 successor was formally codenamed the P12 ahead of its official release, but it seems McLaren is confident the P1 will put it in pole position among the super sports cars on the way from Ferrari and Porsche.