Bosch Bsh 13588 - Oxygen (o2) Sensor on 2040-parts.com

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.

Fangio’s 1954 Mercedes W196R F1 car sells for £19.6 million (video)

Fangio’s 1954 Mercedes W196R F1 (pictured) sells for £19 million The Goodwood Festival of Speed is all about cars and performance, but it’s not just cars on the ground and on the hillclimb. Goodwood is a Mecca for wealthy petrolheads as well as those who can only lust after the finest motoring metal – classic and current – so it’s a sensible place to run an auction for high-end cars. And you can’t get much more ‘high-emd- – at least in terms of value – than Juan Manuel Fangio’s 1954 Mercedes W196R Formula One car which went under the hammer yesterday at Bonham’s Goodwood auction, and reached a world record auction price of £19,601,500 (including premium – £17.5m before).

Volkswagen debuts Jetta TDI Value Edition

There was already a lot to like about the diesel Volkswagen Jetta TDI CleanDiesel, most of it having to do with fewer fillups, and so for 2014 Volkswagen is debuting a new Jetta TDI Value Edition that slices more than $2,000 off the price of entry. And speaking of the price of entry, it is now $22,115 for Volkswagen's smallest diesel sedan in the U.S. Yes, it seems Volkswagen has finally created a car for automotive journalists as well as members of the biodiesel-brewing crowd who are tired of fixing old Mercedes-Benz W123 station wagons from the 1970s, though we probably have the diesel Chevrolet Cruze to thank for the appearance of this particular model.