Marine Motor Flusher - Outboard Tester - Round Cup - Shoreline Sl52205 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.

Suzuki showing signs of distress, scaling back U.S. operations

Struggling Suzuki is shrinking in many ways. Insiders say the company is slashing marketing while sales and the dealer roster dwindle. The many signs of trouble: -- In a market up 13 percent through March, Suzuki was down 2 percent to just 6,561 sales.

Design Contest: Car Design Awards China

阅读本文中文版本请点击这里 Inspiring and developing the creative talent of China's students is the goal of the Car Design Awards China 2010, a competition launched by CDN. Now open for registration to design students based in China, the competition aims to further improve the quality of designs emerging from what will soon be the largest automotive market in the world. Students are asked to work to briefs set by three automotive manufacturers - GM PATAC, PSA-Peugeot/Citroen and Volkswagen - with the entries judged by a panel of design directors from both international and domestic OEMs.