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Porsche 911 GT3 RS (2010) bows in

The 2010 Porsche 911 GT3 RS will be at the Frankfurt Motor Show As you can probably guess, the first thing the latest GT3 RS gets is a hike in power, courtesy of the move from the old naturally aspirated 3.6 litre to the 3.8 litre you get in the new 911 Turbo, minus the turbos. But that still gives you 450bhp – up 15bhp on the regular GT3 – all of which gets shoved through a shorter ratio six-speed manual box. No nancy-boy paddles shifters here.

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.

News watch April 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourMonday 30 April 2012• Kia posted global first quarter 2012 profits up 26%, with sales up 12% worldwide. 635000 new Kias found homes, 79000 in Europe (up 24.6% on 2011 in a total market which contracted 7.1%), with the USA now Kia's largest market ahead of Korea.