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SMALL CARS DOMINATE USED CAR SALES

SMALL, FUEL-EFFICIENT cars continue to be the most appealing to used car buyers, research shows. The figures from Experian, the global information service, demonstrated that 285,962 used Ford Fiestas were sold last year making it Britain’s best selling used car in 2010. Even though overall sales for the Fiesta were lower than in 2009 there was more of a pronounced drop in sales of Vauxhall's Corsa, which came in second place to the Fiesta.

Bahrain Grand Prix (2012) RESULT

Bahrain F1 Grand Prix 2012 With Red Bull and McLaren filling the front two rows  of the grid in the Bahrain Grand Prix, will we see normal business resume for F1? From a mix and match grid at the first three grand Prix of the 2012 season, we see Vettel back on the front row – and on pole – with Hamilton alongside and Webber and Button behind in Bahrain. So it’s reasonable to expect a return to the sort of result in Bahrain we’re used to in F1.

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.