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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.

Porsche 911 GT3 R racer rockets to America

The potent Porsche 911 GT3 R is bringing its vaunted blend of 480 hp and lightweight construction to the United States. But here’s the rub--only three are en route. The race car replaced the 911 GT3 Cup S in Porsche’s motorsports line and has become a staple of European competition.

Jaguar XKR-S GT IS coming to the UK – just 10 available

The Jaguar XKR-S GT (pictured at Goodwood FoS) will be available in the UK At the New York Auto Show in the spring, the Jaguar XKR-S GT was revealed as a track inspired, but road legal, version of the XKR-S to be sold in limited numbers and only for the US market. At first we thought the XKR-S GT was destined for both the US and UK, but it quickly became clear that Jaguar intended their XKR-S GT just for the US. Which seemed a shame.