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Smart Forvision Concept points at new Fortwo

Smart Forvision Concept - a pointer to the 3rd generation Fortwo Just as they do with Maybach, Mercedes persist with Smart. Despite the fact that both outings must cost an arm and a leg to keep going with, as far as we know, no profits ever. And that perseverance seems unlikely to end any time soon – at least for Smart – with the reveal of the Smart Forvison Concept, which is heading for Frankfurt.

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.

Peugeot 208 GTi price from £18,895

Peugeot has revealed that the new 208 GTI will cost from £18,895, with the order book for the 208 GTi opening in March. That price will be £18,895 – almost £2k more than the new Fiesta ST - and includes the usual GTi stuff like 17″ alloys, new grill, LED running lights, twin exhausts, leather and cloth upholstery, red trim details, DAB, rear parking and a smattering of GTi badges. Peugeot also say that the 208 GTi has been fettled to make it a more sporty prospect than the standard 208, with retuned suspension and wider track.