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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.

Peugeot RCZ R UK price from £31,995

The new Peugeot RCZ R (pictured) will cost £31,995 in the UK The Peugeot RCZ is an appealing little sports coupe from Peugeot which, with a different badge and greater performance, might garner more kudos than it does. There’s little Peugeot can do about the badge, but they have done something about the power on offer with the arrival of the RCZ R at the Goodwood Festival of Speed this summer. Now, the Peugeot RCZ is about to go on sale in the UK – order books open on 18th November – and it will cost a not unreasonable £31,995.

Gavin Green reviews the 2014 Geneva motor show

By Gavin Green Motor Shows 05 March 2014 15:00 The highlight of my Geneva happened before the show even opened. The day before the first press day, an electric blue McLaren P1 parked outside my central Geneva hotel. Then another P1 (in grey metallic) joined it.