Red 26 Fox Racing 180 Race Youth Pant 2013 Model 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.

Honda recalls CR-V to fix control-arm problem

Honda is recalling about 1,300 copies of the 2006 CR-V to inspect and possibly replace the right-front lower control arm. Honda says that the part could have been made with an improper welding process. Over time the control arm could break at the weld.

Honda Civic Type R UK sales to cease

The Honda Civic Type R is dead. Or it is at least in Europe, as the high-revving, naturally aspirated 2.0-litre engine that powers Honda's hot hatch can't meet forthcoming emissions requirements  That's right – the Civic Type R can’t meet the latest Euro5 emissions regulations that come into force at the end of 2010, meaning in the UK and most other European countries (a tiny handful have Euro5 exemption) the Civic Type R will cease to be. If you live outside Europe then you’re still in luck as the Swindon-built Type R will continue to be sold in markets as far afield as Australia and South Africa.