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GM to sell stake in Suzuki

General Motors is to sell its 3% stake in Japan's Suzuki Motor.

The struggling carmaker plans to sells its share for $231 million (about £151 million) to replenish its dwndling cash reserve, reports the Financial Times.

America's three biggext carmakers, GM, Ford and Chrysler are appealing to the US congress for financial help amid the country's worst slump in car sales in more than two decades.

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