Radium Engineering 20-0632-00 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.

Top Gear Tonight: Alfa 8C Disco Volante, Mercedes G63 AMG 6×6, Caterhams & SAIRPC Jack Whitehall

Richard Hammond drives the Mercedes G 63 AMG 6×6 on tonight’s Top Gear Believe it or not, tonight’s episode of Top Gear – episode 3 of series 21 – see us already more than half way through the new series. So far we’ve had a bit of a poor opening episode, a cracking second episode with the McLaren P1 and Alfa 4C and a so-so third in the series with the seemingly fragile Zenvo ST1 and a road trip to the Ukraine in small hatches. But tonight’s  episode looks very promising with a bonkers SUV from Mercedes, a custom-built Alfa from Carrozzeria Touring Superleggera and a pair of Caterhams – one from each end of the Caterham range.

2013 Astra Convertible spied on video – The new Vauxhall Calibra / Opel Manta?

2013 Astra Convertible Spy Vauxhall and Opel have now managed to reveal much of the new Astra Model range – with the Astra GTC debuting at Frankfurt last month being the latest – but there’s still the drop-top Astra Convertible to come. The 2013 Astra Convertible – which may arrive as the new Vauxhall Calibra – has been caught on video testing ahead of an expected debut at Paris in 2012, before going on sale across Europe in 2013. Looking very much like the GTC with a cloth top, the new Astra Convertible loses the tin-top of the old model and gets a folding canvas top in the name of economy, lightness and dynamics.