1995 Gamefisher 5hp Fuel Pump Assembly 6389 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.

Driven: Range Rover Evoque

As Sam Livingstone opines in his review of the latest Porsche 911, we are in a period of car design consolidation, with the new 911 the ultimate expression of a slightly suffocating trend. Yet every so often, a vehicle appears that breaks these rules and – through a combination of factors that can be difficult to quantify – captures the imagination, becoming a symbol of the times and an overnight market success. Such vehicles tend to emerge once a decade or so, yet the late 90s and early noughties were extraordinary for giving birth to three – the Ford Ka of '96, Audi TT of '98 and Mini of '01.

Lexus CT 200h: Paris Motor Show 2010

The Lexus CT 200h at the Paris Motor Show We’re trying really hard to like the Lexus CT 200h. It could be very good. A compact executive car to take on the likes of Audi and BMW, but with a bit of Japanese comfort and build quality built in.