Fleet News

Suzuki buys a 0.07% slice of GM

SUZUKI Motors has bought 700,000 shares in General Motors as a gesture of the close co-operation between the two firms.

The US motoring giant and Suzuki have been working together on product development for several years, with their latest venture - a small 1.0-litre and 1.2-litre concept car which could become the new Vauxhall Corsa appearing at the Geneva Motor Show. Suzuki now owns 0.07% of GM after the $37.2 million purchase. GM acquired 10% of Suzuki's shares last year.

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