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.

Porsche Cayenne (2011) upgrades announced

The Porsche Cayenne has been given a minor refresh for 2011. Even if you don't blink, you may miss it - but here's what you need to know about the modestly overhauled Cayenne 4x4 range. What's new with the Porsche Cayenne?

Mercedes CLA driving Mercedes-Benz new car sales

New Mercedes CLA (pictured) is driving Mercedes-Benz new car sales Mercedes had a rocky road a few years ago as it changed its focus from quality to cost-cutting, so the decision by Mercedes to move in to more compact premium cars in a serious way can’t have been the easiest decision to make regardless of the rising demand for compact premium cars. But Mercedes decision and investment is now starting to reap big rewards as Mercedes start moving from an investment in to a sales cycle, with sales of their new compact cars – the new A-Class and new CLA – proving to be a real driving force. Mercedes is the UK has made all time record sales in the UK in 2013, reaching 100,000 car sales for the first time in a year, and managing that by the end of November (which in itself was the best November Mercedes had ever had in the UK).