1971-74 Cadllac Eldorado Inside Door Courtesy Lights on 2040-parts.com

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.

Infiniti Q50 (2013) teaser video of new sports saloon

The first car to emerge under Infiniti's new naming structure will be the Q50, due at the Detroit motor show in January 2013. The Q50 will replace the rare-groove G37 saloon, and attempt to propel Nissan's luxury arm into the hotly contested small exec saloon battleground. Infiniti Q50: the first details While the Q50 will fight established posh saloons like the BMW 3-series and Mercedes C-class, it'll also spawn a Q60 two-door coupe and cabriolet range, like its German rivals.

Rolls-Royce wants to make an electric Phantom

Rolls-Royce boss Tom Purves has revealed he wants to build an electric Phantom By Gavin Green Motoring Issues 23 October 2008 11:21 Rolls-Royce CEO Tom Purves would like to make an electric-powered Phantom. ‘Many of our customers do small mileages exclusively in the city,’ says Purves, who took over the helm of BMW-owned Rolls-Royce in July 2008. ‘For these customers, an electric Rolls-Royce would be ideal.’Purves has just driven the new electric Mini, which debuts at next month’s Los Angeles auto show, and was ‘bowled over by it.