Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

Mazda SkyActiv technology goes on offer to raise funds

Mazda is looking to license their SkyActiv Technology to raise capital (CX-5 with SkyActiv pictured) Mazda are predicting losses for the current financial year of £750 million and are looking to sell their SkyActiv technology to raise cash. Mazda isn’t having the best of times at the moment, despite an impressive range of cars that are getting more interesting with Mazda’s SkyActiv technology, and are predicting that they will post a loss of around £750 million for the current financial year. There are a variety of reasons for Mazda’s financial predicament – including the strength of the Yen and the production problems after the Japanese Tsunami – but this is the fourth year in a row Mazda has posted losses.

Ssangyong e-XIV EV Concept at Paris 2012

Ssangyong are continuing their concept offensive with the e-XIV EV Concept, a range extender compact SUV. Mahindra seem intent on turning Ssangyong from the Lada of Korea in to another South Korean car maker to be taken seriously. We’ve recently seen a big push for the Korando SX, with Ssangyong pitching it hard against the competition as the cheapest way in to a compact SUV, and at the Geneva Motor Show earlier this year we had a concept pointing to the next generation compact SUV from Ssangyong with the convertible Ssangyong XIV-2.

The most expensive cars ever: Ferrari 250 GTO sells for $38 million

By Tim Pollard Motoring Issues 15 August 2014 10:19 A 1962 Ferrari 250 GTO Berlinetta sold overnight for a record $38,115,000 (£22,528,626) at the prestigious Bonhams Quail Lodge Auction held during Monterey Car Week. At a stroke, the Ferrari has become the most valuable car in the world, overtaking the 1954 Mercedes W196 R F1 Racer which sold for $30m at an auction at the 2013 Goodwood Festival of Speed. Tellingly, seven of the top 10 most expensive cars ever sold at auction were Ferraris (see our list below).