1866-1 18661 Audio Panel As Removed 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.

Saab 9-2 to use MINI platform – if Saab survives

The original Saab 9-2. The new Saab 9-2 will use the current MINI platform Things are still torrid for Saab, with big lumps of downtime at Trollhattan as they struggle to get suppliers to deliver parts when those same suppliers are already owed big chunks of money. The trouble is, not producing cars for much longer is going to leave Saab in between the same rock and a hard place as when GM were procrastinating about who to offload Saab to.

VW Scirocco and eco models

By James Foxall Motor Shows 04 March 2008 16:05 So what's new on Volkswagen's Geneva Motor Show stand? By far the most exciting offering from VW was the production version of the new Scirocco. The good news is the firm has managed to combine the aggressive deep front air dams and skinny grille first shown on the car's concept with a healthy dose of  the original Giugiaro penned model.