Toyota Oem 4441006142 Steering Pressure Hose/power Steering Pressure Hose 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.

Weather still causing commuter chaos

COMMUTERS had a miserable return to work today as bad weather continued to cause havoc to road travel. A number of major road routes were affected by flooding or by fallen trees, while one lane was closed on the M48 Severn Bridge due to strong winds and a section of the M77 in Glasgow was closed because of flooding. A landslip at Hawick on the Scottish Borders led to hold-ups on the A7, while a section of the A36 in Hampshire was closed due to a fallen tree and fallen power cables.

Are McLaren planning to use Honda engines for F1 in 2014?

Back to the glory days for McLaren Honda? There is no real love lost between McLaren and Mercedes. Respect, certainly, but McLaren has done all it can to extricate itself from business dealings with the Germans, and the final step may be a partnership with Honda to supply new engines for the McLaren F1 team.