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Mazda SkyActiv technology goes on offer to raise funds

Mazda is looking to license their SkyActiv Technology to raise capital (CX-5 with SkyActiv pictured) Mazda are predicting losses for the current financial year of £750 million and are looking to sell their SkyActiv technology to raise cash. Mazda isn’t having the best of times at the moment, despite an impressive range of cars that are getting more interesting with Mazda’s SkyActiv technology, and are predicting that they will post a loss of around £750 million for the current financial year. There are a variety of reasons for Mazda’s financial predicament – including the strength of the Yen and the production problems after the Japanese Tsunami – but this is the fourth year in a row Mazda has posted losses.

Buick Excelle and Invicta at Beijing

By Guy Bird Motor Shows 21 April 2008 16:02 Why would such a quintessentially American brand like Buick unveil its cars in China first? Simple economics: China overtook the USA as Buick’s number one market over a year ago, allegedly on the back of the reputation of the old emperor of China having a preference for the brand. Buick (and parent brand GM) couldn’t be happier as the Buick Excelle has become a top ten seller over here. Buick’s double launchGiven this Chinese love it makes perfect sense for GM to launch not one but two cars at the 2008 Beijing motor show.

Caterham off to China in 2012

Caterham Cars - China Bound It’s quite an eventful time for car-making minnows Caterham – keepers of the Colin Chapman Flame- with a takeover at Caterham  by Tony Fernades and Team Lotus only just complete, and now the news that Caterham are going to be selling cars in China from 2012. The takeover by Team Lotus has seen Caterham Cars’ profile on the international stage rise considerably as its logos appear on the Team Lotus F1 cars, which will do its prospects of selling Caterhams around the world no harm at all. Caterham has now signed an exclusive deal with Chinese importer Courtenay Trading International (CTI) who are aiming to appoint six retailers in key provinces of China over the next twelve months with a modest sales target of 50 cars in the first year.