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Fire sale continues: Ford cuts stake in Mazda
Tue, 18 Nov 2008By 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.
Kia Sedona suits up for New York auto show
Fri, 11 Apr 2014Kia teased its new Sedona minivan on Thursday, a week before it debuts at the New York auto show. We instantly noticed its new sheetmetal duds, which are a long way from the plain-Jane style of the old car. Information is scarce for now, but Kia did say the MPV (Multi-Purpose Vehicle) will ride on a new chassis powered by Kia's 3.3-liter direct-injected V6.
Bad-tempered driving increases over winter
Fri, 03 Jan 2014We’re officially a nation of grumpy drivers – not helped by the bad weather and the end of Christmas festivities, a survey has revealed. Halfords Autocentres carried out a study about how winter affects motorists and found that experiences of impatient, aggressive and inconsiderate driving increase at this time of year. On Bing: see pictures of road rage British drivers ‘lack common courtesy’ Rory Carlin from Halfords Autocentres: “It seems that the festivities take their toll on the nation’s road manners and tempers flare leading to less kindness and unselfish behaviour from some motorists.” 23% of respondents felt that unfriendly and bad tempered behaviour was a major issue during the winter months, while a fifth said there was a rise in aggressive and impatient driving.