Bmw E53 X5 Dash Trim Molding Panel Wood Center 2000-2006 on 2040-parts.com

Bondholders snub GM, bankruptcy filing likely

Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.

Study: Distracted driving deemed socially unacceptable among young drivers

A new survey shows that young drivers think it’s socially unacceptable to drive distracted. This data is among the results of tiremaker Bridgestone Americas Inc.'s annual survey that polls more than 2,065 drivers aged 16 to 21 nationwide. Of those drivers, 80 percent said sending texts and emails is "unacceptable." But our distracted-driving epidemic isn't solved yet; 37 percent admit to still doing it.

CDN–GM/PATAC Interactive Design Competition China winners announced

The winners of the CDN-GM/PATAC Interactive Design Competition China have been announced during Car Design Night at The Waterhouse in Shanghai on April 20, 2013. The inaugural Chinese installment of the popular student design competition has been a huge success, with 1,241 submissions during the five-month process. February saw an amazing number of last-minute entries that ensured a tough decision when the judges, including Brian Nesbitt, vice president of Design at GM International Operations, Michael Simcoe, executive director – Global Design GMIO at Holden, Min Cao, chief designer/Advanced Design director at PATAC, Burt Wong, executive deputy director of PATAC Design Department at PATAC, and Holt Ware, executive Design director at PATAC, met to choose a winner last month.