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GM ride-and-drive event puts interns behind the wheel

Interns here at AutoWeek are fortunate enough to be in and out of all sorts of cars, from the little Fiat 500 to the phenomenal Lexus LFA. But rarely do we get our own event like the Intern Ride and Drive hosted by General Motors in downtown Detroit on Friday. The event, set up and run by GM's own interns, involved summer help from local broadcast-media outlets, newspapers and many Detroit-area automotive publications.

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.

Chevrolet Mi-ray concept

Making its debut at the Seoul Motor Show is the Chevrolet Mi-ray. The Mi-ray, which takes its name from the Korean for future, is a hybrid sports car that is the first concept car from the Korean arm of GM. Which, considering its name, aptly represents the future of the brand as well as the ‘future of muscle cars.' Said to take influence from past Detroit legends such as the 1963 Monza SS and Corvair Super Spyder, the Mi-ray features a pleathora of sporting influences, making its intentions clear.