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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.

What's New: February 2006

Ford S-Max  Following the unveiling of the SAV concept at Geneva last year comes the production version, the S-MAX. Sharing much in common with the new Galaxy, the S-Max aims to have greater dynamic appeal and retain a closer connection with Ford of Europe's 'Kinetic Design' ethos. Differences include the dropping window-line that pushes back to form a triangular D-pillar and round fog lamps at the front.

Electric Porsche Cayenne – the eRuf Stormster

The Electric Cayenne eRuf We know that Porche will produce a hybrid Cayenne when the next generation Cayenne hits the roads next year (and may even churn one out in the current shape before that). And it’s always possible that they have in mind a full electric Cayenne. After all, even though the Cayenne is a far from lightweight beast it does have enough room to store a decent bank of batteries.