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Mazda halts production of the RX-8 rotary-engine sports car

Mazda Motor Corp. has canceled production of its RX-8 rotary engine sports car, citing falling sales and stringent global emissions standards. Production in Hiroshima, Japan, ended in early July and global sales of the car will conclude later this year.

Suzuki take Volkswagen to court

Suzuki are seeking to get their shares back from VW The partnership between Volkswagen and Suzuki promised so much. VW wanted an easy way in to the car market in India – where Suzuki is very strong – and in return Suzuki wanted access to the sort of technology – hybrid and EV – it couldn’t really afford to develop independently. And all looked rosy when VW took a near 20 per cent stake in Suzuki in 2009 But things started to go a bit awry when VW insensitively referred to Suzuki as an ‘associate’, where it could pull all the right strings, in its annual report.

Higher gas prices? Blame ethanol

MarketWatch reported today that the price of ethanol has seen a 30-percent price increase so far this year, taking the price of gasoline up with it, since a good majority of "gasoline" sold today is around 10 percent ethanol. The average price of a gallon of gas today is $2.30, according to FactSet data, but this has varied since the beginning of 2014. Despite the recent surge, ethanol prices have also proved to be rather volatile with reports of it dropping 8 percent this past Thursday after falling 10 percent just the day before.