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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.

U.S. sales of quirky 5-series GT disappoint BMW

BMW's 5-series Gran Turismo was meant to be a stylish alternative to minivans and crossovers when it debuted in November 2009. But sales of the tall, quirky five-door have been disappointing. Now, BMW of North America CEO Jim O'Donnell says he wishes the company hadn't stopped selling the 5-series wagon in the United States last year.

2011 Ford F-150 aims for fuel economy, power

The Ford F-Series has been America's top-selling truck for decades. But in a nod to changing times, Ford is now also focusing on fuel economy for its iconic truck for the 2011 model year. The F-150, which is offering a V6 again this year, will get 23 mpg on the highway and 16 mpg in city driving using the naturally aspirated, 3.7-liter V6 that makes 302 hp.