TOKYO — General Motors Corp. will sink another US$600 million into Suzuki Motor Corp. in order to double its stake in the Japanese automaker to 20%. The move will allow GM to consolidate Suzuki's earnings. The deal signed late last month calls for GM to purchase stock at ¥1,127 (US$10.52) per share. The money will be used in part to expand model offerings based on the jointly developed YGM-1 car, which will go into production at Suzuki's Kosai, Japan, plant in September 2001. Initial plans ...
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