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Mazda Verisa

Mazda has refreshed the Verisa, a B-segment car sold in Japan. Based on the same platform as the Ford Fiesta, the Verisa is a tall hatchback that parallels the (European) Ford Fusion in concept, if not aesthetics. The Down-Road-Graphic has a clean contemporary look, with minimal grille area and restrained use of brightwork, while surfaces are given greater volume and a more substantial feeling than the Fusion.

Audi to show rugged A4 allroad in Geneva

While Audi's A6 allroad quattro didn't resonate in North America and ultimately was discontinued after the 2005 model year, it did enjoy mild popularity in Europe and continues to be sold there. Now Audi plans to bolster the line with the addition of the A4 allroad quattro that's set to make its first public appearance at next month's Geneva motor show. Beginning with an A4 Avant, Audi improves its off-roading abilities by raising the ride height by 37 millimeters to 180 millimeters and widening the track in front and rear by 20 millimeters.

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.