Denso 471-1498 New Compressor And Clutch on 2040-parts.com

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.

Korea to build more Nissan Rogues for U.S. market

Nissan is turning to Korean automaker Samsung to take the heat off its North American production needs as it struggles to stay a step ahead of U.S. sales forecasts. Nissan is expanding its two big U.S.

Video: Audi Le Mans driver Allan McNish explains ‘eliminating luck’

Audi is ramping up its efforts for the 24 Hours of Le Mans both in the pit and in the marketing office. The company has created a new 3-D video called A Day in the Life of an Audi Driver. The video shows Audi Team Joest driver Allan McNish talking about the hundreds of people and hundreds of hours that go into planning for something such as Le Mans.