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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.
Seat announces Exeo prices
Wed, 31 Dec 2008Seat Exio - a re-badged Audi A4 [ad#ad-1] It was always a game motor manufacturers played. Re-badge an outgoing model with a subsidiary marque’s name, throw in a few ‘Design’ features, and Hey Presto. New car!
One Lap of the Web: Humvees, abandoned Ferraris and a Volvo collection
Thu, 23 May 2013We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Auto Blog drives a military Humvee that's fully armored for duty in combat zones, weighing in at 14,400 pounds.