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GM sells Suzuki shares to raise emergency funds
Mon, 17 Nov 2008By 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.
JCB begins final shakedown tests for record bid
Mon, 21 Aug 2006By Greg Fountain Motor Industry 21 August 2006 10:37 The 1500bhp JCB Dieselmax streamliner will undergo final shakedown tests today, ahead of tomorrow's diesel land speed record attempt. CAR Online will bring you the news as it happens. Our reporter, Greg Fountain, is imbedded with the JCB team in Utah, ready to provide eyewitness accounts.
Nissan Pathfinder
Mon, 06 Aug 2012Nissan has revealed the production version of its latest Pathfinder SUV, first seen in concept form at this year's NAIAS in Detroit. It moves away from the outgoing model in terms of form language, introducing a far more organic and car-like aesthetic. The 2013 model is almost 230kg lighter than its predecessor with a monocoque bodyshell that allowed Nissan designers to create a more aerodynamic exterior without losing headroom or trunk capacity.