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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.

Toyota Camatte 57s concept

You may remember last year we reported the unveiling of a customizable, modular little concept car called the Toyota Camatte at the Tokyo Toy Show. This year Toyota has returned with an updated version called the Camatte 57s with more scope for families to personalize their space-framed little machines with a total of 57 external panels (as its name suggests) as well as the removal of the roof which apparently "adds to the fun factor and allows everyone on board to enjoy the colorful exterior they have created". Like last year's car the driving position can accommodate both adults and children with gown-ups sat in the right rear seat able to intervene should the infant pilots go astray.

How Google's autonomous car navigates city streets

Google's self-driving car has been on the road for five years now, at various levels of autonomy. From the ease and relative serenity of California's arrow-straight highways, the car drove hundreds of thousands of miles with a greater level of concentration and mastery than the wandering attention spans of humans could accomplish. In 2012, Google shifted from the freeways to the cities, navigating a far more convoluted set of challenges: the slow-speed chaos that comes with any city, any suburb, any place with people and cars in it.