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Fire sale continues: Ford cuts stake in Mazda

By 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.

Infiniti hybrid carries $54,575 sticker price

Infiniti has set a base price of $54,575, including shipping charges, on the 2012 M hybrid sedan. The luxury division of Nissan said the car will go on sale on March 16. The Infiniti M hybrid's powertrain mates a 302-hp, 3.5-liter V6 with a 67-hp electric motor.

2013 European Car of the Year finalists announced

The finalists for the European Car of the Year have been announced, a total of 5 finalists from a total of 34 nominees. It’s coming to the end of another year, so we’re going to be inundated with ‘Best Car of the Year’ awards for the next few weeks from all on sundry. Out of the gate today comes the final list for the European Car of the Year’ with a selection of eight cars (it was too close to call for the normal seven finalists) with the only real surprise perhaps being the inclusion of two French cars – the Renault Clio and Peugeot 208.