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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.

Infiniti Q30 Concept revealed ahead of its Frankfurt debut

The Infiniti Q30 Concept (pictured) will debut at the Frankfurt Motor Show next month It’s more than two years since the Infiniti Etherea Concept concept arrived at the Geneva Motor Show to point the way towards Infiniti’s compact future, and now that future is almost here with the reveal of the Infiniti Q30 Concept following on from a teaser sketch of the Q30 earlier this month . Not that Infiniti has exactly thrown caution to the wind and sent us a whole raft of photos – just the single photo of the Q30 above – but it does give us a better idea of what Infiniti are aiming to do in the compact premium market. Based on the underpinnings of the new Mercedes A-Class – and probably using a mix of Mercedes and Renault engines – Infiniti want us to know that the Q30 isn’t just another addition to the ever increasing choice of premium crossovers, but a real of fusion of bodystyles.

BMW M3 Matte Edition: China only

BMW M3 Matte Edition - China's second limited edition M3 in a year It’s less than a year since China got it’s last BMW M3 special – the BMW M3 Tiger Edition – so we’re guessing it sold rather well as BMW has launched another limited edition M3 just for the Chinese market – the BMW M3 Matte Edition. It isn’t going to be horribly difficult to work out that the defining feature of the M3 Matte Edition is its paint job. It’s Matt Black.