GM sells its remaining stake in Suzuki

[MetroMPG]

As recently as 2006, General Motors owned 20% of Suzuki.

But GM, looking for loose change under the cushions, sold its remaining 3% stake back to Suzuki yesterday:

Suzuki says GM to sell ownership stake

The price: $US 230 million. One GCC commenter noted that would buy GM an additiona 8.6 days at their current burn rate.

Or, this summer, they could have just traded in about 33,000 used Metros at $7k apiece - a price some were selling for on eBay.

[TestDrive]

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