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Toyota's Akio Toyoda flies solo at media event, in change of style

It was as much a change for Akio Toyoda as it was for Toyota Motor Corp. In unveiling the company's new mid-term business plan this week, the media-shy president flew solo at a news conference without the usual safety net of being flanked by his top brass. The move was a departure for Toyoda, who -- in his two years as president -- has tended to divert technical or detailed questions to a panel of executives sharing stage with him.

BMW 5-series GT: Don't call this concept an MPV

BMW's desire to compete in every conceivable luxury-market niche has moved up a gear with the unveiling of the 5-series GT, a car known until now by its working title, the Progressive Activity Sedan (PAS). Although BMW will be billing the five-door liftback as a concept at its public showing at the Geneva motor show in early March, little about its bold design is expected to change before it reaches showrooms. In fact, the official photographs reveal the new car in its production-based glory.

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.