Garmin Aera Aviation Gps 560 on 2040-parts.com

Seat celebrates 60 years of production

SPANISH car maker Seat has this week celebrated its 60th anniversary, releasing pictures dating back to its very first model, the 1400. Six decades have now passed since the first 1400 rolled off the production line, when the brand new company was inundated with 10,000 orders following the end of petrol rationing in Spain. With so much production demand Seat was able to drop the initial price of 121,875 to a more reasonable 117,000 pesetas, or what would have been about £590 at the time.

Mercedes-Benz recalling 2,297 diesel cars for fuel leak

Mercedes-Benz is recalling nearly 2,300 diesel-powered cars to fix a leak in the fuel system. The recall covers 2011 models of the E-class, the GL-class, the M-class and the R-class. The fuel leak is caused by a faulty fuel-filter O-ring that may have not been properly lubricated.

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.