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.

Motortrend examines making of Kia’s Track’ster concept

Motortrend has included a comprehensive step-by-step guide exploring the process through which Kia built its Track'ster concept car in its April edition. The study, complete with a detailed photo timeline, tracks the progress of the concept vehicle from the original idea right the way through to the car's unveiling at the Chicago Auto Show. The Track'ster was originally pitched as a turbo four-cylinder all-wheel-drive sports car and is based on the production version of the Kia Soul, which was the company's second-best-selling vehicle of 2011.

Ferrari 458 Italia – The Video

The Interior of the new Ferrari 458 Italia But yesterday afternoon, shortly after we posted the news of the Ferrari 458 Italia – which originally had just four exterior pictures – we got sent a video of the interior. To be truthful it is almost certainly a rendering with no real car at all, but it is from Ferrari and is close as we’re going to get to the interior –  or anything that moves – this side of the Frankfurt Motor Show in September. At least the video clip has a sound track, and whether or not it’s a real soundtrack from the track and the car – or something Ferrari has generated on their laptops – we don’t really care.