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Imre Molnar memorial service announced

Imre Molnar will be honored in a memorial service this month, the College for Creative Studies (CCS) has confirmed. CCS President Richard Rogers has announced that on 20 January at 3.00pm (EST) all who knew Molnar are welcome to attend the service and share with his family in a remembrance of his life. Molnar, who was the college provost, passed away during the holiday season after riding his bicycle in California and suffering a fatal heart attack on the afternoon of 28 December.

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.

Peugeot 308 Wagon Announced

FRENCH car maker Peugeot has released the first details of the latest addition to its recently launched 308 range. Following on from the five-door hatchback, the firm is to launch an estate variant called the SW in the spring. Peugeot claims class leading load space plus a flat floor and the ability to fold the seats with a single action from inside the boot.