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Mazda reveals date for all-new MX-5

Mazda has confirmed that the all-new fourth generation Mazda MX-5 (ND) will be unveiled in September 2014. The new MX-5 will be shown simultaneously at events in the USA, Japan and Barcelona in Spain. 2014 also marks the 25th anniversary of the introduction of the first MX-5 – also know as the Eunos Roadster and Mazda Miata – in 1989.

GM to cut 14% of global salaried workforce this year

General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.

Ukraine Crisis Could See Fuel Prices Soar

THE RAC has said that the current crisis in Ukraine will see a rise in petrol and diesel prices in the coming weeks. It said fuel traders had already begun to buy up stocks to guard against being caught out in the event of the situation worsening. Furthermore, this will cause prices to increase due to a tightening in supply.