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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.
UK Car Numberplates – National Flag now legal
Mon, 27 Apr 2009It is now legal to display a national flag on UK Car Number Plates [ad#ad-1] I bet, just like us, you already thought it was legal to have your UK Car Numberplate displaying the national flag of your choice. But it wasn’t. At least until today.
Survey highlights increased consumer appetite for in-car technology
Tue, 22 Jul 2014Spanish telecommunications firm Telefonica has issued its second annual report on connected car technologies. Its study looked at public expectations of in-car tech in the cars of today and tomorrow. Participants were queried about such technologies as social media, telematics, on-board diagnostics and early warning systems, revealing that connected car tech was already influencing purchasing decisions.