GM to sell shares in Suzuki in effort to raise cash

Article Abstract:

General Motors Corp. of the United States is to sell a 17 percent stake or $2 billion worth of shares in Suzuki Motor Corp. of Japan. The moneys raised will be used for restructuring, providing early retirement packages to some of the estimated 30,000 workers that are to be layed off.

United States, Organizational history, General Motors Corp., GM, Company restructuring/company reorganization, Reorganization and restructuring, Company organization, Suzuki Motor Corp.

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Japan's economy gains steam from manufacturing heartland

Article Abstract:

The industrial heartland of Japan is booming, helping to grow the Japanese economy. Although manufacturing costs are the highest in Asia in Nagoya, Japan they are offset by having moved low-end production overseas keeping high-end products made in Japan.

Forecasts, trends, outlooks, Industry Overview, Manufacturing industry, Manufacturing industries, Economic aspects, Industry forecasts

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Another bailout of Mitsubishi adds to auto glut

Article Abstract:

Mitsubishi Motors Corp., in the wake of steep financial losses is to be given a bailout of $3 billion by corporate cousins.

Market share, Mitsubishi Motors Corp., Company market share

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