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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.
Land Rover triggers rumours of ‘Landy’ SUV
Wed, 22 Jan 2014Jaguar Land Rover has trademarked the name ‘Landy’, sparking more rumours of a smaller urban SUV based on the Evoque. The new model could possibly feature styling similar to the DC100 concept, and will be a rival to the likes of the BMW X1 and upcoming Audi Q1. On Bing: see pictures of the Land Rover DC100 concept Find out how much a used Land Rover costs on Auto Trader The trademark application was made in December, reports Autocar, and will cover everything from vehicles to accessories and even franchising for dealerships.
Hyundai Genesis sedan loses an engine option, gains more tech for 2013
Thu, 16 Aug 2012Hyundai is dropping the 4.6-liter V8 in the Genesis sedan lineup for 2013. The 5.0-liter V8 will continue in the R-Spec model, while the rest will get Hyundai's 3.8-liter V6. Hyundai has also enhanced the optional eight-inch Driver Information System, which is now more intuitive, with a rotating joystick, better voice recognition and improved navigation-screen layouts.