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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.
Autoweek in review: NASCAR fans hire lawyer, McLaren prices the P1
Sat, 02 Mar 2013March is here, and things are warming up in the automotive world. On Monday Alfa Romeo teased the 4C interior ahead of the Geneva motor show, and we wound down after a sobering weekend of racing. We reviewed the 2014 Jeep Grand Cherokee on Tuesday and heard that the McLaren P1 supercar will sticker for $1.15 million when deliveries begin in early 2014.
Toyota will test stability of all of its SUVs
Thu, 15 Apr 2010Toyota Motor Corp. said on Thursday that it will conduct safety tests on all of its SUVs after suspending sales of the Lexus GX 460 following a report of a risk of rollover accidents. Toyota stopped GX 460 sales earlier this week.