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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.

Honda Jazz Hybrid (2013) first official pictures

Honda city car gets a new hybrid drivetrain and dual-clutch gearbox – and a claimed 102.8mpg The new Honda Jazz Hybrid has been revealed, with massive improvements in fuel economy for the smartly packaged and keenly priced urban runabout. Its 102.8mpg (UK) claim puts the current Jazz Hybrid’s figure of 62.8mpg in the shade, as well as that of the Toyota Yaris Hybrid with 81.0mpg. It will be shown at the Frankfurt motor show this September before arriving in UK showrooms in 2014.

Hummer H2 (2007): first official pictures

By Liz Turner First Official Pictures 28 March 2007 09:52 Hummer H2: the lowdown It’s best not to look directly at the new Hummer H2 in sunlight; you’ll be blinded by bling. New bits of glitz have appeared on the 2008 model, going on sale later in the year, including newly chromed door handles and a larger, lower grille. This grille, along with larger gaps in the seven-slot full-frontal smirk, helps to cool the more powerful 6.2-litre V8.