Yamaha Marine 6h3-48511-52-00 6h3-48511-52-00 Hook, Steering on 2040-parts.com

Designer Tom Matano part of start-up car company in Louisiana

A new auto company backed by Texas billionaire investor T. Boone Pickens and staffed by former Mazda design chief Tom Matano plans to build "environmentally friendly" vehicles in Louisiana. V-Vehicle Co., of San Diego, will bring about 1,400 workers to a Monroe plant that once belonged to General Motors, according to a statement Wednesday from the Louisiana Economic Development Web site.

Which car has the best residual value? A MINI

The MINI has the lowest depreciation of any car in the UK When it comes to buying a car, many of us decide how much we can afford to spend and then go and look for a car that fits our budget. But what we should really be looking at is how the car we want will be worth in the future – its residual value. Because the residual value of your car is often where the biggest costs lies, and it has a major impact on monthly payments if you decide to acquire your nice new car on a contract hire or leasing deal.

SEAT’s future model plans

SEAT Last week MSN Cars went to visit SEAT at its major base of operations – the Martorell factory in Spain. Here we spoke to CEO Juergen Stackmann and executive vice president for research and design Dr. Matthias Rabe about the brand’s future model plans.