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Fire sale continues: Ford cuts stake in Mazda

By 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.

VW Passat Bluemotion 2 (2008) unveiled

By Ben Whitworth First Official Pictures 03 November 2008 10:50 Volkswagen has opened up its order books on its new Passat Bluemotion 2, it’s cleanest and greenest Passat yet. Replacing the current Bluemotion model, the Mk2 Bluemotion is powered by a 110bhp 2.0-litre common rail diesel that’s been recalibrated with a lower idle rate and fitted with a switchable start/stop system to cut emissions and boost economy. When it arrives here in January, the Passat will post a combined economy figure of 57.6mpg and a CO2 rating of 128 g/km - useful savings compared to the outgoing 1.9-litre 105bhp BlueMotion model (55.4mpg and 136 g/km).

McLaren 650S Sprint revealed – debuts at Pebble Beach

The McLaren 650S Sprint arrives to hit the track The arrival of the McLaren 650S in February (and the end of the 12C, unless it’s being replaced by the McLaren 625C) meant, in all probability, that the various hardcore versions of the 12C would be replicated for the 650S. We’ve already has the new McLaren 650S GT3 at Goodwood this year, and now we get the car that fills the gap between the 650S and GT3 version for McLaren owners to take to the track – the McLaren 650S Sprint. The 650S Sprint – which we assume replaces the 12C Sprint – keeps the 650S’s 641bhp V8 but adds a hefty dose of track specific updates to make the Sprint more focused and with sharper responses.