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Americans plan to keep their cars longer, AutoPacific study finds

In another chilling sign that auto sales are likely to remain stalled, a new study finds that Americans intend to keep their cars longer, indicating a general concern about the industry and the overall economy. The number of new-car buyers planning to keep their rides more than four years has risen to 59 percent, according to a study released Tuesday by California marketing research firm AutoPacific. That's an increase from last year, when about 45 percent of new buyers intended to wait more than four years for their next purchase, and it's up from 2005's tally of 46 percent.

Mazda MX-5 20th Anniversary Limited Edition launched

Mazda has released a limited edition MX-5 in Japan to commemorate 20 years of the MX-5 It’s hard to believe that the little Mazda MX-5 – or Mazda Roadster, as it’s known in Japan – has been with us for 20 years, but it has. And in that time it has racked up sales of more than 850,000, making it the best-selling open roadser in history. Deservedly so.

Mercedes F1 Schumacher sets the pace in Melbourne

Mercedes F1 Michael Schumacher - fastest in practice in Australia Michael Schumacher showed some of the promise for Mercedes 2012 F1 in Melbourne, setting the quickest time in damp Friday practice. With the first F1 Grand Prix of the 2012-2013 season taking place this Sunday at Melbourne’s Albert Park, we thought we’d look in at Friday’s practice to see if there are any clues to this year’s form. To be honest, Friday practice is often more tactical than anything else so we shouldn’t read too much in to what’s gone on.