2016 Audi Mmi 2g Navigation Dvd North America Usa + Canada Gps Road Map Update 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.

Hyundai increasing European production to 500,000 a year

Hyundai are upping production in Europe to 500,000 per annum There’s an awful lot of sense in car makers designing and building cars for the markets they serve locally, and it’s a route Hyundai has followed in Europe, where the majority of their sales are of European built models, not imports. With Hyundai sales still growing despite the European car market meltdown, Hyundai are increasing capacity in Europe to keep up with demand with further investment in their plant in Ízmit, Turkey. Originally, the Ízmit plant produced just 60,000 cars a year, but in 2007 that was increased to 125,000 and now it is being increased to 200,000 so the new i10 can be built there as well as the latest i20.

Lexus LF-Gh at New York

Lexus LF-Gh Concept at New York First, the image at the top. This isn’t a photo of the Lexus LF-Gh by a modern impressionist, it’s just the image Lexus are using on a  site that seems to have sprung up today - Lexus LF-Gh Concept. Secondly, we really have no clue what the Lexus LF-Gh Concept is that is going to turn up in New York in a few weeks.