Spectra Premium Industries Inc Gmp40a Oil Pan (engine) 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.

'Talking cars' in US safety drive

NEW CARS and light trucks may be fitted with technology that lets vehicles communicate with each other in a bid to avoid deadly crashes. A radio beacon would continually transmit a vehicle's position, heading, speed and other information. Cars would receive the same information back from other vehicles, and a vehicle's computer would alert the driver to an impending collision.

Official: Aston Martin gets its hands on Mercedes AMG engines & Electronic Architecture

Aston Martin & AMG confirm they’re getting in bed together Back in December we reported that Aston Martin had new investment from Investindustrial and wondered if that would mean – thanks to an existing relationship between Investindustrial and AMG – if we’d see Aston Martin finally getting access to AMG’s engines and platforms. By May, things had moved on and it was clear that Aston Martin and AMG were in talks for Aston Martin to get access to their engines for the next generation of AML’s cars. Now those talks have borne fruit and AMG and AML have signed a letter of intent for Aston Martin to “access significant Mercedes-AMG GmbH and Mercedes-Benz Cars’ resources, allowing the development of bespoke V8 powertrains and the use of certain components of electric/electronic (e/e) architecture.” Interestingly, there’s no talk of V12 engines – which could mean Aston Martin are going to move from the current Ford V12 for the DB9 and Vanquish to a powerful V8 from AMG – and nor is there talk of sharing platforms.