Chevy Sierra 2500 3500 Denali Silverado Pickup 20" Oem Polished Wheel Rim 8 Lug 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.

BMW X6 M50d gets a second video tease

BMW X6 M50d - Video Tease 2 with talking heads The BMW X6 M50d – BMW’s diesel-powered M car – gets a second video tease today, this time with talking heads. The BMW X6 M50d – or whatever convoluted moniker BMW decides to attach toi their diesel-powered M X6 – is certainly getting the full force of the BMW new product tease machine. Ignoring the real leaks about a diesel-powered X6, we’ve already had one video tease for the new X6 M50d, with the X6 blatting around mountain roads with the important bits blurred out.

A look at BMW future products

BMW and Toyota have agreed to work on a sports car, fuel cells, electric-vehicle components and lightweight materials. The agreement underlined BMW's determination to make its new i electric-vehicle subbrand a success. It has built a special showroom for i vehicles in London and will do the same at its company-owned New York City dealership.