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Volvo S60 saloon (2010) unveiled
Tue, 10 Nov 2009This is the new Volvo S60, and it’s the latest attempt by the Swedish safety-mongers to snatch a share of the small executive saloon market that’s dominated by the 3-series, A4 and C-class. Volvo has only released two exterior photos of the new S60 – we’ll see the interior closer to the car’s Geneva motor show unveil in March 2010 – as it wants to highlight the new car’s design. Under now-departed design chief Steve Mattin, the S60 has been created as the car that will start the differentiation of Volvo design and break the one-size-fits-all focus.
Mazda SkyActiv technology goes on offer to raise funds
Wed, 15 Feb 2012Mazda 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.
Quake delays launch of Toyota Prius wagon
Tue, 22 Mar 2011Toyota Motor Corp. has delayed the Japan launch of its new wagon-style Prius wagon in the wake of the parts shortage triggered by this month's earthquake. The company had planned to start selling the car in Japan by the end of April.