Ford Motor Company today announced it has entered into an agreement to sell a portion of its stake in Mazda Motor Corp. and that the two companies will continue their successful strategic relationship that spans nearly 30 years. In line with Ford's plan to strengthen its balance sheet and ensure it has the resources to implement its product-led transformation plan focusing on the Ford brand worldwide, the company said it is reducing its stake in Mazda from 33.4 percent to just over 13 percent.
The recent ‘Polo Confidence’ advertising campaign for the Volkswagen Polo – also known as ‘Singing Dog’ – has been honoured at this year’s Autocar Awards, being named Car Ad of the Year 2008. This award is voted for by the readers of Autocar on-line.
smart is set to clean up when it comes to environmental compatibility and driver enjoyment with the launch of a new model with micro hybrid drive (mhd) technology and enhanced equipment levels.
The Insignia, the all-new family car from Vauxhall/Opel, has been voted 2009 Car of the Year – by the narrowest possible margin. The Insignia polled an impressive 321 votes to beat this year’s other favoured contender, the Ford Fiesta, by a solitary point. The Volkwsagen Golf, on 223 points, was third.
Friday the 31st of October 2008, saw the opening of the Autostadt in Wolfsburg’s redesigned pavilion: with its spectacular display of architecture, art and design, the “Premium Clubhouse” represents the Volkswagen Group’s multi-brand luxury and premium division.
The stunning KTM X-Bow has been selected for the “Race of Champions”, the crowning finale of the motorsport year, which takes place at Wembley Stadium in December.
Nissan North America, Inc. today announced its Nissan NV2500 Concept, which makes its public debut in early January at the 2009 North American International Auto Show in Detroit.
SEAT is celebrating a brace of impressive European awards for its all-new Ibiza supermini after judges in both Germany and The Netherlands voted it top of its class. Earlier this week executives from the Barcelona-based car maker travelled to Berlin to collect a prestigious ‘Golden Steering Wheel’ awarded by influential German newspaper Bild am Sonntag – one of Europe’s biggest-selling titles.
