Must Read Rumors

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Duchess Kate’s next engagement scheduled at Victoria and Albert Museum

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Duchess Kate isn’t pregnant with baby no.3, despite report

A new rumor has surfaced, claiming that the royal couple is expecting their third child.

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Meghan Markle was faced with the question that everyone is curious about.

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The Duke and Duchess of Cambridge, née Kate Middleton, have announced an official visit to the two countries in July.

Prince Harry calls Duchess Kate the ‘big sister he never had’
Duchess Kate’s next engagement scheduled at Victoria and Albert Museum
Duchess Kate isn’t pregnant with baby no.3, despite report
Meghan Markle avoids Prince Harry questions at ATX panel
Kate Middleton and Prince William to embark on royal tour of Poland and Germany

Suzuki sells its CAMI shares to GM

in All, Auto
by Dan
December 7, 2009 at 4:44 am

Rumor has it that Suzuki sold its 50% stake in the Canadian Automotive Manufacturing INC production Facility to General Motors.

Rumor has it that Suzuki sold its 50% stake in the Canadian Automotive Manufacturing INC production Facility to General Motors. The production line for a few Suzuki models will shut down at the Ingersoll Ontario plant.

This wil not neccesary mean a loss for Suzuki, according to their spokesman, and it is due to the bad sales of model XL7 produced at that location.

GM owned in the past 20% share in the Japanese automaker and ended their collaboration after 23 years. They were forced to sell due to imminent bankruptcy.

The site will receive around $85 mil and will increase productivity and personell.GM Canada President Arturo Elias has very good faith in CAMI, and he is confident that they will imporve their good results with the launch of the Chevrolet Equinox and the GMS Terrain.

2010-suzuki-gmc-terrain

Source: Automotive News

www.automobilemag.com

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