500695 Mustang American Autowire Highway 22 Complete Wiring Kit Universal | Cj P 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.

New Maserati Ghibli Leaks UPDATED: Now Official

The new Maserati Ghibli – the new, smaller version of the Quattroporte – has leaked ahead of a reveal later this week and a debut at the Shanghai Motor Show. Update: Maserati has now officially revealed the Ghibli with the same three photos we published. Apart from the information below, the only other confirmation is that the new Maserati Ghibli will also be offered with the first diesel engine in a Maserati, allowing it to compete with cars like the Audi A6 and the Jaguar XF 3.0 litre Diesel S.

Lexus suspends sales of GX SUV in wake of magazine report

Lexus said Tuesday that it was putting a temporary halt to sales of the 2010 GX 460 after Consumer Reports said it found the SUV to be a safety risk and urged its readers not to buy the vehicle until it is fixed. The magazine hasn't branded a vehicle as unfit to buy in nearly 10 years. In a statement, Lexus general manager Mark Templin said Toyota Motor Corp.