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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.
Volkswagen Nils concept
Thu, 01 Sep 2011Volkswagen will give its newest concept vehicle, named Nils, its public debut at the 2011 Frankfurt motor show. The single-seat electric concept vehicle, which has been designed to be economical and production feasible, features an aluminium space frame, wing doors and free-standing wheels. Though its inspiration may come from Formula 1, the styling has its origins at the Volkswagen Design Centre in Potsdam, Berlin.
MG CS SUV Concept heading for Shanghai Motor Show
Thu, 11 Apr 2013MG are still struggling to make much of an impact on the car landscape, but one car that could change that is a funky urban crossover / SUV to give cars like the Nissan Juke a run for their money. That looked to be on the cards last year when MG turned up at the Beijing Motor Show with the MG Icon, an SUV.Crossover Concept that took the ‘Ugly but Cute’ style cues from the Juke but grafted on a nose that looked like it could have come from MG’s sports car past. The Icon was a decent effort – and even won an award for ‘Best Concept’ at Beijing from Autoweek – but it looks like MG has decided the design of the Icon was just a bit too radical, so they’ve toned it down with a new concept heading for this year’s Shanghai Motor Show – the MG CS Concept.