Mercedes Benz Ash Tray Wood Cover on 2040-parts.com

BMW to market new small-car line in U.S.

BMW AG's new front-wheel drive family of cars will be sold in the United States but the question is whether the U.S. market is ready to accept vehicles smaller than the 1-series coupe, said Ian Robertson, BMW AG board member for sales and marketing. The new class is being called UKL--an abbreviation for lower compact class cars sold in Germany.

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.

Hyundai loses top U.S. designer

Hyundai's North American design chief, Joel Piaskowski, left the automaker on Dec. 31. Piaskowski is credited as the main designer for the Hyundai Genesis sedan and coupe.