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Mustangs rule at Fabulous Fords Forever

Mustangs ruled the day at the 29th annual Fabulous Fords Forever car show. “This is the Mustang year,” said Fabulous board member Marc Bodrie. “From 12 months ago, we knew we were going to center this show on 50 years of Mustang.” You could argue that every year is a Mustang year at FFF, with the storied two-door often making up more than half the entries.

Mazda to reveal fourth-generation MX-5 on 3 September 2014

By Tim Pollard Motor Industry 03 July 2014 09:11 Mazda has confirmed it will show the new, fourth-generation MX-5 roadster in September 2014. An event to mark the 25th anniversary of the MX-5 will be held in Barcelona, Spain on 3-4 September - and the new MX-5 will be shown to the world for the first time. The new MX-5 is a major launch for Mazda; the car has been a runaway hit since launch in 1989 and now mops up a large portion of two-seat roadster sales.

Nissan to slash jobs, production after forecasting $2.9 billion loss

Reversing his profit forecast to a loss, Nissan Motor Co. CEO Carlos Ghosn entered crisis mode on Monday. Ghosn announced plans to slash 20,000 jobs, cut production by 20 percent, scale back model launches and delay new factories.