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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.
Mercedes-Benz SLS AMG: The gullwing takes flight
Wed, 15 Jul 2009Before we reveal what it is like to hot-lap a prototype version of Mercedes-Benz's 6.2-liter V8-powered SLS around the 2.2-mile Sachsenring in eastern Germany, let us tell you one thing that puts the big rear-wheel-drive coupe into clear perspective. The SLS, planned to get its first public outing at the Frankfurt motor show in September, is not based on any existing Mercedes model. Rather, it has been conceived, designed and engineered from the ground up in a no-compromise approach by the German carmaker's in-house tuning division, AMG.
Mitsubishi tease new model ahead of Geneva. New Outlander based on PX-MiEV II, perhaps?
Thu, 19 Jan 2012Mitsubishi Tease a new car ahead of Geneva 2012 Mitsubishi are teasing a new model for the Geneva Motor Show in March. Could it a be new Outlander based on the recent PX-MiEV II Concepts? We’ve only just got over the Detroit Motor Show reveals, and car makers are already queuing up to tease us with offerings for the Geneva in March.


