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Mazda Tribute recalled for same fix as Ford Escape

Mazda is recalling 217,500 copies of the Tribute SUV--from the 2001 through 2008 model years--to fix a sticking throttle. The same problem prompted Ford to recall the mechanically similar Escape SUV on July 26. Ford built the Tribute for Mazda, as well as the Escape.

News watch August 2010: today's industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourTuesday 31 August 2010• HSBC has sold its US car loan business to Spanish bank Santander, for an estimated £2.6bn in cash and assumed debt. The move sees the bank further distance itself from the collapsed US sub-prime market (Financial Times, subsription required) • Toll roads do not improve congestion, according to the Campaign For Better Transport. Its claims M6 toll road operator Midland Expressway Ltd is losing ‘tens of millions of pounds’ each year, while conditions on the original M6 have failed to improve (Campaign for Better Transport) Friday 27 August 2010• Spyker, which bought Saab earlier this year, has posted a €139m loss after tax in the first half of 2010 it announced today (Financial Times)• Fiat CEO Sergio Marchionne says the business is performing strongly in the third quarter – and has ruled out selling Alfa Romeo.

Racy Lotus Evora GT2 spied

Lotus is truly getting racy. At the Geneva motor show in March it rolled out the Evora Enduro concept, and these spy photos show that a racing Lotus Evora is more than just a concept. This Evora GT2 prototype was caught running some hard laps.