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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.

First Audi show car overseen by Marc Lichte to debut at LA Auto Show

Audi has confirmed that the first show car to be overseen by its new head of design, Marc Lichte, will be unveiled at the Los Angeles Motor Show. Audi hasn't confirmed the exact time of the car's big reveal, but its press conference is scheduled for 9:00am on 19 November. The news was accompanied by an official teaser image, which doesn't reveal a great deal about the new car, aside from the fact that it seems to be a large sedan or shooting brake.

Web site lets fans customize a Ford Mustang

Ford Mustang fans fantasize about creating their own version of the celebrated car and now they can do so--digitally. A new Mustang Web site set to launch on Sept. 20 lets enthusiasts create their dream pony car.