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.

Holden will sell cars in Australia beyond 2017

When we heard about Holden's plans to shutter its Australian plants after 2017, we didn't know quite what to think. The General Motors subsidiary was cagey when it came to details, claiming that the brand would remain a presence in Australia -- even maintaining its design office there. Oddly, we couldn't get anyone to say, in black-and-white terms, what vehicles would be sold there under the Holden name after its plants close.

Mercedes CLA: Official

The new Mercedes CLA – the ‘baby’ CLS based on the new A Class – has finally been revealed ahead of going on sale in the UK in May 2013. The very stylish four-door coupe styling based on the new Mercedes A Class has survived almost intact from the Style Concept, offering buyers looking for a smaller Mercedes a real alternative to the CLS without sacrificing anything other than a size. Despite being revealed on the eve of the Detroit Auto Show, the new Mercedes CLA will actually make its public debut at the Berlin Fashion Week this week as Mercedes seek to mark the CLA’s design out as a ‘Style Rebel’.