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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.

Merry Christmas 2013 from all at Cars UK

Merry Christmas 2013 from all at Cars UK It’s that time of year when, whatever your beliefs, it’s a great excuse to kick back, relax, enjoy good food and drink and chill. So, even though we run regular car news every other day of the year, we get let off the leash to scatter to family gatherings and forget the travails of reporting the latest car news on Christmas Day. This year, just as we have in many previous years, we bring you Bernie Ecclestone’s take on Christmas 2013, the usual Bernie cartoon take on what’s been his event of the year in F1.

SEAT Leon gets Sports Styling Kit – Costs £4,998

SEAT Leon gets Sports Styling Kit (pictured) Many like to make their cars more individual, and adding a sporty body kit is one way to make your slightly prosaic wheels stand out from the crowd. So, with that in mind, SEAT think they’re on to a winner with the new Sports Styling Kit for the Leon, which is available for the 5-door or SC Leon in S, SE or FR versions (pictured above on the SEAT Leon FR TDI 184 PS with Titanium Pack). But it’s not exactly bargain basement time.