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Mazda opens new plant in Salamanca, Mexico

Mazda Motor Corp. chairman Takashi Yamanouchi opened the company's new small-car assembly plant in Mexico today, calling it the company's "most important global strategic base." The factory, which will produce up to 230,000 vehicles each year, is a cornerstone of the structural reform plan "upon which the very future of company hinges," Yamanouchi said in remarks prepared for the opening ceremony. "Mazda's Structural Reform Plan, upon which the very future of the company hinges, positions this plant as our most important global strategic base," Yamanouchi said of the factory, which is about three hours northwest of Mexico City in Guanajuato State.

Ford follows Hyundai with payment protection plan

Ford Motor Co., taking a cue from Asian rival Hyundai Motor, is offering to make car payments for buyers who lose their jobs. The program, called the Ford Advantage Plan, will cover payments for up to 12 months. The move is aimed at boosting sales, which have fallen 45.9 percent this year through February at Ford Motor and 39.4 percent industrywide as the U.S.

Art Center Summit 2009

The Art Center Summit, now in its third year, has finally seen the rest of the world catch up with its preoccupations. Initially conceived in 2006-07 to bring government, academic, and business leaders to Art Center College of Design in Pasadena, CA, to discuss issues related to mobility and sustainability, the summit has benefited from the financial turmoil that has recently gripped the world. Previously, the event was highly speculative and appealed mainly to designers working in the advanced mobility community; this year, the summit occurred against a backdrop of meltdown in the US auto industry, chaos in the global financial sector, and a growing realization - supported by the incoming Obama administration - that energy and transportation policy will form a key part of a Green future.