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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.

Hyundai Santa Fe (2010) revealed

The 2010 Hyundai Santa Fe gets a facelift and new engines The Santa Fe gets a revised front grill, restyled headlights, front fogs and a new front bumper. At the back you get new tail lamps, a new bumper and twin exhausts. There are also new side sills, new alloys and new roof rails.

Like it or not, autonomous cars are here -- almost

One of the odder things about living in "the future" is that things develop so gradually, hardly any of the really amazing things we're exposed to every day seem amazing or futuristic. If the iPhone had just appeared from nowhere in 2007, there would have been riots, demonstrations and legislation. But since we had a Blackberry first, and dedicated cellphones before that, the iPhone and its progeny were never quite shocking.