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Fire sale continues: Ford cuts stake in Mazda

By 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.

NASCAR: Rule changes to be clarified

The 29th annual NASCAR Sprint Cup Series Media Tour opens on Monday in the Charlotte, N.C., area. It's a four-day smorgasbord of announcements, team-shop tours, optimistic predictions and the unveiling of new race-car paint schemes, team members and sponsorships. More than 150 writers, broadcasters and photographers will get a steady diet of claims such as “we're excited,” “we've been working harder than ever,” “we feel we've got everything in place” and “we can't wait to get started.” The tour will visit almost every team that plans to run the full series schedule in 2011, teams such as Earnhardt-Ganassi, Stewart-Haas, Penske, Michael Waltrip, Richard Childress, Kevin Buckler's TRG, Team Red Bull, Furniture Row, Richard Petty, Hendrick, Roush-Fenway and Joe Gibbs.

Mercedes-Benz SLS AMG GT Final Edition stars at the Tokyo Motor Show 2013

It's a sad day, but the reveal of the Mercedes-Benz SLS AMG GT Final Edition at Tokyo – and LA – really does represent the end of the line for Mercedes' gullwing supercar. All good things come to an end. Even if we might have hoped for a slightly more tasteful finish in this particular instance.