Edelbrock Super Dual Manifold 1938-1948 Ford/mercury Flathead 1100 W/gen. Mount 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.

Spyker would rebuild Saab around core products, put 9-1 plans on hold

Spyker Cars NV will rebuild Saab around the 9-3, 9-5 and 9-4X models if it buys the Swedish brand from General Motors Co., Spyker CEO Victor Muller says. Plans for a Saab 9-1 entry-level car would be put on hold. Muller said Saab would maintain its headquarters, engineering and production in Trollhattan, Sweden, under Spyker's ownership.

Honda launches heritage-collection clothing line

If a Honda Accord or Civic, or maybe even a Goldwing motorcycle, isn't enough of a fashion statement for you, Honda has a new line of clothes rolling out this spring. The Honda Heritage Clothing Collection debuted with a launch party and fashion show this week in Los Angeles. Capitalizing on the vintage T-shirt trend, Honda's new collection includes tees, shop shirts, shrunken sweatshirts and tote bags branded with graphics inspired by the carmaker's logos and advertising campaigns of the 1960s, '70s and '80s.