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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.

Olympic gold medalist Nicola Adams tries her hand at rally co-driving

The memory of the Goodwood Festival of Speed 2014 may now have faded, but for Olympic gold medallist Nicola Adams, the experience of the event is one she’ll be sure never to forget. That’s because Hyundai brand ambassador Adams was strapped into the passenger seat of the firm’s i20 WRC world rally car alongside factory rally driver Thierry Neuville for a white-knuckle ride around Goodwood’s famous forest rally stage. Thankfully for Adams, she got her own back in the ring, too… Please click on the image above to read more about Nicola Adams and Thierry Neuville swapping sports

Top Gear answers critics of Electric Car Test. Again.

Nissan LEAF runs out of electrickery in Lincoln on the Top Gear Test Top Gear and Electric Cars do have a habit of not getting on. And they didn’t get on in the latest Top Gear test when Jeremy (in a Nissan LEAF) and James (in a Peugeot iOn) set out to demonstrate the shortcomings of EVs, the same shortcomings we we bang on about constantly. The piece by Andy Wilman on Top Gear’s site is in response to an article in the Times, where Nissan complain that ‘…‘Clarkson didn’t give our electric cars a sporting chance.’ But he did, with the Top Gear piece designed to do nothing more than debunk the claims companies like Nissan make for their electric cars.