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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.

Japan quake delays redesigned Nissan Titan until 2014 model year

The March earthquake in Japan has forced NIssan to delay the introduction of the revived Titan pickup until the 2014 model year. The quake required a redeployment of engineers to get Nissan production back into operation, says a top Nissan executive. "We will come out a little later now," Andy Palmer, Nissan Motor Co.'s executive vice president for vehicle planning and program management, told Automotive News during the Los Angeles auto show.

VW sells 5 million cars in China

VW has hit 5 million car sales in China But some car makers saw the future long before the rest. Volkswagen has been making cars in China for 25 years in collaboration with Chinese partner SAIC. And 25 years ago China was a very different place to the country it is now, so it was a brave move and a big risk for VW at the time.