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Mazda SkyActiv technology goes on offer to raise funds
Wed, 15 Feb 2012Mazda 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.
2013 SRT Viper: Preparations for the new snake begin in the Motor City
Wed, 14 Dec 2011If it's possible to have a favorite factory for enthusiasts, the Viper plant in Detroit would definitely rank among the top five. And preparations will soon begin to ready the plant for the relaunch of the SRT Viper in late 2012. That's right: The famous Dodge supercar will officially be badged the SRT Viper, a move that breaks from the car's 22-year heritage.
CAR interviews Ferrari boss Luca di Montezemolo (2011)
Mon, 10 Oct 2011Fiat will not sell a stake in Ferrari, Formula 1’s governing body should stop knee-jerk rule changes and Lewis Hamilton is a top driver – those are the views of Ferrari president Luca di Montezemolo, expressed in conversation with CAR Magazine. CAR’s October 2011 issue – on sale now – contains a VIP tour of Ferrari and interviews with the company’s top brass: president di Montezemolo, Ferrari CEO and engineer Amedeo Felisa and design chief Flavio Manzoni. We covered so many fascinating topics that some great material could have finished up on the cutting room floor.