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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 Land Rover LR4 goes supercharged V6, stop/start tech

Land Rover revealed the details of the 2014 Discovery on Tuesday. In the States we know the big SUV as the Land Rover LR4. A supercharged 3.0-liter V6 will replace the 5.0-liter V8 and an eight-speed ZF automatic transmission will replace the old six-speed.

2013 Nissan GT-R gets a tweak

Nissan has had a play with the GT-R for 2013 with suspension upgrades, sharper responses and a more comfortable ride. On the performance front, the 2013 model year Nissan GT-R gets a set of new high-output injectors which give more concise control to fuel for better mid range and high rev response, a new relief valve for the turbocharger bypass cuts the decrease of pressure to sustain response and a new oil pan baffle helps maintain oil pressure. On the handling front Nissan has revised dampers, springs and the front anti-roll bar to lower the centre of gravity, new cam bolts on the front suspension improve accuracy and the torque carrying capacity of the driveshaft to hub bearings has been increased to you can attack a track more reliably.