1949 -1954 Chevrolet Car Rear View Mirror Original Used on 2040-parts.com

A car guy goes back to Washington

If there was a Car Guy Party, John Campbell would run on that ticket. Campbell is a member of the U.S. House of Representatives in Washington, D.C., representing the 48th District in Orange County, Calif., where he was re-elected decisively last week.

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.

UK car production down 20%

CAR PRODUCTION slowed a little last month, according to official figures. A total of 133,730 cars were made in the UK in February - 2.7% fewer than in February 2013, the Society of Motor Manufacturers and Traders (SMMT) said. Cars made for the export market rose 3.5% last month, but manufacturing for the home market was down 20.8%.