1955-6 Packard Clipper Trunk Lock Cover. Nos. on 2040-parts.com

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.

UK drivers becoming more aggressive

DRIVERS in the UK are becoming more aggressive, with 61% saying they use their car’s horn at least once a month. They are using the horn in anger at other drivers rather than its proper purpose of warning other drivers of your presence. A study by Flexed shows drivers are also using more anti-social tactics than before, with 33% of drivers admitting to changing lanes multiple times in traffic jams to try to get further ahead.

On this clear day, you can see Fritz Henderson’s General Motors

Fritz Henderson and the guy he replaced at the top of General Motors, Rick Wagoner, both speak Portuguese. But that may be where the similarities end when it comes to the words spoken by the former CEO and his newly elevated successor. In his first news conference as the head of GM, Henderson made it abundantly clear that he understands the forces that put him where he is and what they expect from him.