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Steering Wheels & Horns for Sale
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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.
Volkswagen Tiguan unmasked
Fri, 29 Jun 2007By Jack Carfrae First Official Pictures 29 June 2007 02:47 Volkswagen Tiguan. We’ve seen this before, haven’t we? We have indeed.
2011 BMW 1 Series Facelift
Thu, 16 Dec 2010The BMW 1 Series Coupe & Convertible get a 2011 Facelift To be entirely accurate, the 2011 BMW 1 Series Facelift isn’t across the board – at least not yet. What we are getting – at the Detroit Motor Show next month – is a modest refresh to the cosmetics on the BMW 1 Series Coupe and BMW 1 Series Convertible plus a bit of an oily tweak. On the cosmetic front the 2011 1 Series gets some new light front and back – headlight tweaks, L-shaped tail lights and LEDs front and back – and a new splitter that BMW says creates an air curtain to improve CO2 and reduce drag.