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First Aston Martin Rapide rolls out of the factory

The first Aston Martin Rapide left the factory on Friday amid considerable fanfare, and the sultry sedan will soon begin arriving in 125 showrooms in 34 countries. This culminates the long road to production that began in concept form at the 2006 Detroit auto show. The production car was shown at the Frankfurt motor show in 2009.

Honda speeds up major changes to the Civic

Honda will bring out a significant mid-cycle change to its embattled Civic compact this fall, just 18 months after it launched, a high-ranking executive told dealers here. The move is a rush to improve the Civic in time for the 2013 model year. The Civic's cheapened interior and other reductions in content got a critical reviews from The Wall Street Journal, and Consumer Reports removed the model from its recommended list.

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.