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Mazda SkyActiv technology goes on offer to raise funds

Mazda 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.

2015 VW Jetta makes global debut at New York auto show

The 2015 Volkswagen Jetta is making its global debut at the New York auto show, and the changes for the new model year -- while not exactly breathtaking -- should help VW's volume-seller keep up with the competition. That includes the likes of the 2015 Chevrolet Cruze and 2015 Ford Focus, which are also showing off refreshes in the Big Apple. To start, VW says the mildly redesigned front fascia reduces drag (and gives a “wider and more substantial look” to boot!) with a new bumper and air intakes.

The world's best-selling passenger car is…

UPDATE-Ford announced Tuesday the Focus nameplate sold more than 1,020,000 units in 2012 making it the best-selling passenger car in the world. Data supporting the claim came from Polk's annual vehicle-registration review, which, since it accounts for data from around the globe, comes out three to four months later than other 2012 recap results. In China, registrations for Focus vehicles were up 51 percent, accounting for nearly one in four global Focus sales, according to Polk.