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Video: Yasushi Nakamuta on Mazda 3's 'unique' design process
Wed, 03 Jul 2013It may be leaden with PR-talk but this short presentation by Yasushi Nakamuta, Mazda's director of advanced design studio at the press unveiling of the new Mazda 3 in Melbourne is still worth a couple of minutes of your time. But while the 3 is undeniably attractive we can't help but feel that the 'unique' design process Nakamuta describes (which appears wholly conventional to us) has resulted in little more than a thoroughly normal product. Take a look for yourself at the video to your left.
U.S. equity firm to invest $70 million in Saab
Thu, 20 Oct 2011Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.
Video: Targa Newfoundland claims a Ferrari Enzo
Fri, 16 Sep 2011While competing in the 2011 Targa Newfoundland Rally, driver Zahir Rana crashed his highly customized Ferrari Enzo into the Atlantic Ocean. Both Rana and his navigator, Roland Linder, were unharmed in the incident, and the vehicle appears to be in good cosmetic shape despite its submerged state. With an infinitely better attitude than most, Rana and Linder expressed their perspective on competitive risks and their outlooks on returning to racing.