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Mazda Minagi (2011) at 2011 Geneva motor show

Mazda is preparing the ground to launch a new CX-5 – a junior crossover to slot beneath the CX-7. The Mazda Minagi concept car is being launched at this week’s 2011 Geneva motor show and previews the production car expected this autumn. But as well as heralding a new junior crossover in the Mazda fold, the Minagi also showcases the company’s new Skyactiv engineering philosophy and Kodo design mantra.

Ford announces electric car plans at the Detroit auto show

Not to be left out of the electric car party, Ford announced Sunday at the Detroit Auto Show that it was developing a line of electric powered vehicles. In addition to its already announced hybrids and plug-in hybrids, Ford is working with Magna International to bring fully electric cars to market with lithium-ion battery packs. In the works is a Focus and Fusion-based vehicles that will be available in with all three powertrains.

GM cancels Opel Vauxhall sale to Magna

By Tim Pollard Motor Industry 03 November 2009 22:59 General Motors tonight surprised the world by pulling its proposed sale of its European division – Opel and Vauxhall – to Magna. In a dramatic U-turn, Detroit said 'an improving business environment for GM over the past few months' had made it reappraise its spin-off plans.The 11th hour switch means that GM will still retain full ownership of Opel and Vauxhall, which will now 'be restructured in earnest'. Canadian parts giant Magna had won the race to buy a controlling stake in GM Europe, as a newly relaunched Detroit sought to shore up its finances.