1988 Honda Trx 250 Parts Carb 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.

Jaguar’s Mike O’Driscoll calls it a day

Mike O'Driscoll, Jaguar's M.D., is to retire in march 2011. Jaguar’s Managing Director Mike O’Driscoll has been a Jaguar man for longer than he probably cares to remember. In fact he joined Jaguar Rover Triumph (as it then was) as long ago as 1975, when he was a young business student.

Infiniti Q50 to arrive at Geneva 2013 with ‘European Power’

The new Infiniti Q50 – the Infiniti formerly known as the G37 – will make its European debut at Geneva 2013 with a diesel and turbo petrol option. The Infiniti Q50 debuted at the Detroit Auto Show last month and came with the same two engine options the G37 got, namely the 3.7 litre V6 petrol with 323bhp and a 3.5 litre V6 hybrid sporting a total of 355bhp. But that engine lineup isn’t going to be enough to make sales of the new Q50 in Europe, where fuel costs so much more than in Infiniti’s core U.S.