General Motors to Sell 17.4 Percent Equity Stake in Suzuki

General Motors to Sell 17.4 Percent Equity Stake in Suzuki

General Motors to Sell 17.4 Percent Equity Stake in SuzukiWill retain 3 percent, continue strategic allianceDETROIT ? General Motors Corp. (NYSE: GM) today announced it would reduce its equity stake in Suzuki Motor Corp. from 20.4 percent to 3.0 percent, by selling 92.36 million shares. The strategic alliance between GM and Suzuki will continue.

Date: March / 7 / 2006
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Car News Overview for March / 7 / 2006

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