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Fire sale continues: Ford cuts stake in Mazda
Tue, 18 Nov 2008By 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.
Video: Porsche previews the new 911
Tue, 19 Jul 2011The lineup of debuts expected for this year's Frankfurt motor show include a redesign for the venerable Porsche 911. Now, Porsche has treated us to a little preview, courtesy of a video posted on its YouTube channel that chronicles some final validation and hot-weather testing of the next-generation 911 in Africa. You can catch glimpses of the new car's exterior and interior, as well as some driving footage.
Chevrolet offers Corvette buyers the opportunity to build the engine for their cars
Mon, 12 Jul 2010WITH VIDEO -- Chevrolet Corvette buyers can already take delivery of their car at the National Corvette Museum, get professional driver training and watch their cars being built. Now, General Motors will let them build the engine. GM is offering buyers of the 2011 Corvette ZR1 and Z06 models the chance to build the engines for their cars.