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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.

Aston Martin takes Vantage V8 N420 out on the 'Ring

WITH VIDEO -- Aston Martin, which has made a habit of running cars at the Nurburging 24-hour race for the past five years, has taken a special-edition Vantage V8 back to the track. The V8 Vantage N420 will make its U.S. debut in August at the Pebble Beach concours.

Ford Focus RS 500 teased +video

The Ford Focus RS 500 getting teased on Ford micro-site One of the best cars Ford has produced – ever – is the Focus RS. Yes, it’s OTT and designed for the Playstation generation rather than people past the first flush of youth, but it brings a huge grin to my face every time I drive one. The Focus RS review we did last year was a blast – especially the opportunity to compare the Focus RS to the Escort Mexico Mk I.