Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series 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.

Electric-car guru Tom Gage steps down from AC Propulsion

Electric-car innovator Tom Gage resigned the morning of Oct. 5 from California company AC Propulsion, Autoweek has learned. Gage, the now-former CEO, joined the company in 1996, several years after its founding, and has become its public face and a widely used resource on electric cars.

The other side of the curtain: A look back at Lada, Volga and more

While Americans in the 1960s and '70s were enjoying the heyday of muscle-car madness, our friends over in the Soviet Union were treated to an entirely different kind of automobile. Fiat-based Ladas and Russian-born Volgas were the cars of the day, and our friends at Retronaut have gathered some press materials and advertisements for the compact sedans. Lada was named after a famous Czech manufacturer of sewing machines in the 1960s.