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Hershey auction and swap meet gets under way

The Hershey Auction in Pennsylvania is in full swing on Thursday, and our friends from Hagerty Insurance are there. The event is hosted by RM Auctions and includes some of the rarest auto antiques in the world. The two-day event auction coincides with the Antique Automobile Club of America Eastern Division Fall Meet, bringing even more classic sheetmetal to the Hershey Lodge.

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.

CDN-GM Interactive Competition launched

The Car Design News - GM Interactive Competition interior design phase has launched and is now accepting uploads from students studying any kind of design course in North America and Canada. You can register and upload an initial entry right now at www.cardesigncontest.com GM's four brands: Buick, Cadillac, Chevrolet and GMC have each set a brief, of which students can choose to answer one or several. It's traditional to focus your design efforts towards the close of a design competition, but GM, and our sponsors, Dassault Systèmes and Faurecia, have mentors standing by to guide your design work, so we encourage you to begin uploading work as soon as you can.