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GM sells Suzuki shares to raise emergency funds
Mon, 17 Nov 2008By 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.
New Peugeot 208 engine options confirmed
Mon, 09 Jan 20122012 Peugeot 208 Engines Confirmed The engine line-up for the new 2012 Peugeot 208 has been confirmed for the UK with a choice of five diesel and five petrol engines. It’s been a couple of months since the 2012 Peugeot 208 was revealed, but Peugeot has finally confirmed the extensive engine line-up for the 2012 208, and unsurprisingly the focus is on economy and emissions, with four of the diesel engines available hitting the increasingly uncredible 99g/km, and the smallest petrol engine managing the same feat. The 68bhp 1.4 litre diesel manages to be very frugal when it comes to emissions – especially with stop-start fitted – with emissions of just 87g/km and an average of 83.1mpg.
Show Review: RTT Salzburg Conference
Fri, 19 May 2006This is the seventh annual conference that RTT has run, and the second year it has chosen to do so in Salzburg at the Salzburg Residence in the heart of this elegant historical city. RTT is now an established supplier of visualisation software solutions and services to various industries, principal amongst which is the automotive design industry. The conference was orientated around showing related digital visualisation case studies from the broad portfolio of RTT associates and clients including Porsche, BMW, EA Games and Audi.