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Honda Gets a Leg Up on Mobility: Research center pioneers new devices to aid movement

Honda is known as a manufacturer of cars, motorcycles, power equipment and soon, jet aircraft. But don't be surprised if in the future, the Honda badge is seen on other items that put people in motion, but in slightly different ways that what we are accustomed to seeing. Following the recent Tokyo motor show, Honda gave journalists an early chance to test three devices that few would expect a car company to produce.

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.

Seat Leon Cup Racer revealed

Volkswagen’s Spanish daughter company, Seat, has unveiled the new Leon Cup race car. Set to get a public airing at this week’s Woethersee fan meet in Austria, the new front-wheel drive hatchback runs a heavily tuned version of parent company Audi’s EA888 turbocharged 2.0-liter four-cylinder petrol engine developing about 325 hp and 184 lb-ft of torque. In standard guise, drive is channeled through a six-speed dual-clutch gearbox.