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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.

Vauxhall Insignia interior: first pictures

By Ben Pulman First Official Pictures 04 June 2008 16:04 Prepare for some confusion. A few months ago Vauxhall released the first official pictures of the new Insignia’s exterior. However, there were no interior photos, although some inevitably leaked onto the internet.

2012 Ford EcoSport arrives in Delhi

2012 Ford EcoSport - Delhi debut Ford’s new compact SUV – the Ford EcoSport – has been revealed at the Delhi Motor Show in concept guise ahead of a Summer launch. We first revealed the new Ford EcoSport was likely to be revealed at this month’s Delhi Motor Show early last month, after an over-eager web tech posted details on Ford’s India site by mistake. And we were right – the Ford EcoSport has now debuted in India in concept form ahead of a production release later this year.