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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.

First U.S. Audi TT RS delivered in Fort Worth

Ex Grand-Am driver Don Istook from Fort Worth, Texas, is the lucky customer who took delivery of the first Audi TT RS model on U.S. shores since the 2008 Audi RS4. Istook was one of the 11,500 fans who signed the petition to bring the TT RS here, so it's only fitting that he gets one of the early copies.

Nissan Qashaqai 2011 updates previewed

The Nissan Dualis 2011 should preview the 2011 Nissan Qashqai We get used to JDM (Japanese Domestic Market) cars getting updates rolled out ahead of the rest of the world, so the news that Nissan has released a set of updates for the Japanese version of the Nissan Qashqai – the Nissan Dualis – will be of interest to Qashqai lovers in the UK and Europe. The updates aren’t exactly huge and amount to little more than a bit of tinkering. Exterior changes include some new alloys, a choice of new colours, chrome door handles and a tweaked grill.