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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.

Alfa Romeo at the London motor show 2008

By Guy Bird and CAR reader reporter Jacomoseven Motor Shows 24 July 2008 09:30 Although many journalists – including CAR – have already driven the Mito, the London motor show was the official public world premiere of Alfa’s new small car sensation. Click here for CAR's first drive review of the Alfa Mito. What’s new on Alfa Romeo’s London motor show stand?Pride of place went to a red Mito and an 8C, both – Alfa promises – symbols of the sporty brand getting back to basics in terms of driver focus and quality.

Could the Aston Martin AM V10 become a reality?

Could Aston Martin be planning to make the AM V10, a mid-engined supercar with the underpinnings of the Lexus LFA? Mark this one down as very speculative. A recent conversation with a ‘Man from Aston Martin’ yielded an interesting slip – the Aston Martin AM V10.