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GM sells Suzuki shares to raise emergency funds

By Tim Pollard Motor Industry 17 November 2008 15:24 GM is flogging its entire stake in Suzuki to pump cash into its survival funds. The General owns a 3% holding in Suzuki Motor Corporation and will sell 16,413,000 shares on the open market tomorrow. Based on today’s values, GM will raise an estimated £154 million through the sale, although Suzuki will exercise an option to buy back an equivalent number of its own shares in treasury stock.

2014 Range Rover Sport UK price & specifications confirmed

But as Land Rover has decided they are ready to make the specifications and prices for the new Range Rover official, it seems only fair to do a quick recap, although there’s not much we didn’t cover before. The 2014 Range Rover Sport comes in four trim levels - SE, HSE, HSE Dynamic and Autobiography Dynamic – and a choice of three engines - TDV6 and SDV6 3.0-litre diesel units and supercharged 5.0-litre V8 petrol – although not all engines are available on all trim levels. Equipment levels are decent with even the Range Rover Sport SE getting leather trim, auto lights and wipers, DAB, power tailgate, Stop-Start, Climate, heated front seats, SatNav, air suspension and Terrain Response.

Mercedes Concept A: Coming to a shopping centre near you

Mercedes Concept A is off on a Shopping Centre Tour We did think there was a chance that the new 2012 / 2013 Mercedes A Class could make an appearance at the Frankfurt Motor Show, but instead Mercedes concentrated on the new B-Class. And with the next European Motor Show not arriving until Geneva in the Spring, Mercedes has decided it will be a good idea to take the Concept A – the Concept version of the new A-Class – on a tour of UK shopping centres to introduce their new baby to the people who might buy it. So over the course of the next month Mercedes will be trotting off to a shopping centre in each major part of the UK (don’t tell the Welsh – or the Northern Irish), with a visit to Braehead in Glasgow, Arndale in Manchester, Bullring in Birmingham and Westfield in London.