Perko 1186dp0chr Side Mount Rowlock Sockets / Side Mnt Rowlock S 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.

Lexus RX450h – UK ready

The Lexus RX450h - the Lexus 4x4 Hybrid - is now on sale in the UK No one can deny that Lexus bolt a car together very well. So if you’re looking for a well-made, luxurious, quiet car that’s not necessarily inspiring to drive then Lexus is a good starting point. And if you want a luxury 4×4/SUV, but can’t bear the disapprobation of the tree-huggers and eco-loonies, then this is an equally good place to start.

Concept Car of the Week: Citroën Karin (1980)

With the 1980 Paris Motor show approaching and no new model to unveil, Citroën needed something to wow the crowds on its home turf. Trevor Fiore – who followed Robert Opron as the head of Citroën Design for a short time – gave the go-ahead for an innovative concept starting from a blank sheet of paper. The final concept was named Karin, and it was nothing short of breathtaking.