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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.

Selling in the Motor City: RM Auctions hawks muscle cars, classic sheetmetal--and even a boat at Detroit event

The steering wheel in a 1960 Cadillac Eldorado Biarritz convertible is surprisingly thin. It's oversized and humongously circular--but still startlingly narrow considering it directs a very barge-like Caddy. Oh, and the seats are fairly comfortable.

Volkswagen Beetle (2011) first official pictures

After 11 long years on sale the New Beetle is dead – its successor is this, The Beetle. We'll just call it the new 2011 VW Beetle. 2011 VW Beetle: trading flower-power for outlaw rodder Wider, lower and longer, the 2011 Beetle abandons its predecessors three semi-circle styling for the flat-roof look of 2005’s hot rod-inspired Ragster concept. At the front, the Beetle adopts the corporate horizontal intake styling and a more angular front bumper melded with a less curvaceous evolution of the 1998 New Beetle styling template.