1963 Ford Truck Bearing Cup C3tz-1202-b. on 2040-parts.com

GM's green future: EVs, plug-in hybrids

General Motors' future green-car efforts will focus on plug-in hybrids and electric vehicles rather than conventional hybrid powertrains, product chief Mary Barra said Wednesday. Barra said GM has narrowed its future development emphasis in an effort to defend its leadership position attained with the Chevrolet Volt plug-in hybrid. GM will unveil an electric Spark minicar in late November at the Los Angeles auto show.

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.

Mazda’s Russian concept car: first picture

By Tim Pollard First Official Pictures 16 June 2008 10:18 Want proof that the Russian car market is on its way to becoming one of the world’s biggest and most important? Mazda today confirmed it would build this bespoke concept car for the 2008 Moscow International Automobile Salon. The one-off show car will be a compact crossover specifically aimed at the Russian market.