Must Read Rumors

Kate Middleton, Prince William and Prince Harry set to be part of mental health documentary

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The Duchess of Cambridge, née Kate Middleton, is set to visit East Anglia’s Children’s Quidenham hospice for the first time this month.

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The Duchess of Cambridge, née Kate Middleton, recently visited the Anna Freud Centre for Children and Families that focuses on early intervention for young children with mental health issues.

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Kate Middleton, Prince William and Prince Harry set to be part of mental health documentary
Kate Middleton will visit EACH hospice at Quidenham
Kate Middleton at first 2017 engagement: ‘Parenting is tough’
Prince Harry and Meghan Markle spent first holiday together in Norway
Kate Middleton and Prince William’s 2016 Christmas card revealed

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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