Ford F100 Pickup Truck Hood Emblems Decals 68 69 70 71 72 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.

Hyundai ponders second U.S. plant

As a lack of production capacity restrains its growth, Hyundai will consider a second U.S. assembly plant. "That's something that we're going to look at," Hyundai Motor America CEO John Krafcik said last week at the Detroit auto show.

Rennsport Reunion video: Porsche chases Porsche at Laguna Seca

The Rennsport Reunion is the world's largest gathering of Porsche race cars, and this year it touched down at Mazda Raceway Laguna Seca in California. We've seen the family portrait of Porsche race cars and we've seen historic race cars laying rubber at the famed track. But if you thought Porsche's new crop of sheetmetal was absent, you'd be wrong.