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Mazda Nagare concept: first official pictures

By Ben Whitworth First Official Pictures 29 November 2006 09:42 You're looking at Mazda’s RX-8 for the year 2020 – unveiled today at the Los Angeles Motorshow. The Nagare concept car signposts Mazda’s new design direction for its next generation of sports cars. Japanese for ‘flow’ and pronounced ‘na-ga-reh’, the futuristic four-seater coupe follows on from this year’s Sassou, Kabura and Senku concepts and aims to depict motion and speed with dynamic proportions and unique surface treatments – key features of Mazda’s future models.

GM financial results

By Ben Whitworth Motor Industry 10 November 2008 10:07 GM is on the ropes. In an official statement made late Friday night the carmaker said under current market conditions it would run out of cash in the first half of next year. And Ford is not far behind… Hard to believe?

Congress scales back tax break for car buyers

A proposed tax break for new-vehicle buyers is dramatically scaled back in the final version of the economic stimulus bill. Auto dealers and their allies had sought to make interest on auto loans and the sales and excise taxes on new-vehicle purchases deductible from federal taxes. Proponents say those measures are needed to boost showroom traffic and sales.