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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.

Lexus LS

Lexus has revealed its new LS model range, consisting of the LS 460, LS 600h and, for the first time ever, an F Sport version of its flagship model. The new LS is the latest development of Lexus' model range, seeing more than 3,000 changes made to the current LS, responding to customer feedback throughout its development. The inverted trapezoidal upper grille and slanted lower grille - first seen on the GS sedan - are integrated into one element.

Only the top is soft in new Audi A5/S5 cabriolet

Audi is bucking the trend among luxury automakers who are churning out hardtop convertibles, as the new A5/S5 cabriolets that will reach these shores in October will be the old-fashioned, soft-top design. While other manufacturers such as BMW, Mercedes-Benz, Lexus and Volvo, among others, offer folding hard-tops, Audi says the compromise necessary to make room for the top and all its mechanical apparatus makes a soft-top the right choice for a small to mid-size convertible. The soft top is well insulated; even during a steady rain during our first drive of the car, the cabin was relatively quiet.