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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.
Video: CDN-GM Interactive Design Competition featured by Faces of GM
Wed, 27 Feb 2013'Faces of GM', one of General Motor's social media initiatives, has released its latest video featuring our recent collaborative contest, the CDN-GM Interactive Design Competition. Starring several of the winning students as well as the prize-giving event at the Detroit auto show last month, the video features a number of judges and mentors including Mark Adams, executive director global Buick and Cadillac Design. GM and Car Design News's online contest aims to find the next generation of GM designers by presenting a challenge for students to tackle before being mentored on how to improve their designs.
Is this the 2013 Audi TT?
Thu, 22 Dec 2011Is this the 2013 Audi TT behind Wolfgang Egger's shoulder A photo released by Audi with the announcement that Wolfgang Egger is the new Head of Audi Brand Design seems to show the 2013 Audi TT. It’s not all that unusual for a picture revealed by a car maker to have a hidden Easter Egg; something that’s only there if you look hard. And the guys over at Audi News Blog think they may have found a hidden gem in a photo Audi has released of Wolfgang Egger – the new 2013 Audi TT lurking in the background.