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SEMA 2008 show report: Ford F-150, Mustang and Flex

By Phil McNamara Motor Shows 06 November 2008 09:30 Ford's stand was dominated by four models: the Flex, a slammed, seven-seat SUV with Range Rover-styling cues; the iconic F-150 pick up; the Focus; and, of course, the Mustang. With an ear-splitting V8 roar, Ford unveiled a 50-edition run of the Cobra Jet Mustang, and the F-150 SVT Raptor, a go-anywhere extreme version of the pick-up, which will bounce across sand dunes in the Baja California race later this month before going on sale next year. But tucked away in a corner was a less environmentally destructive F-150, shaped by British engineering firm PML.

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.

GM wants to wrap up Opel sale quickly

General Motors is anxious to wrap up the sale of Opel, a top executive said Tuesday. The bidding has been narrowed to Canadian auto parts conglomerate Magna--which is favored by the German government--and Belgian investors RHJ International. "I think everyone is anxious to get this thing done," GM CFO Ray Young said, according to Automotive News.