Honda Oem 05-06 Odyssey-battery Cable 32410shja20 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.

Bertone's fate to be decided at the end of April

Bertone's most recent financial troubles have been far from secret – its no-show at the Geneva motor show confirmed our fears – but until now the company hasn't released an official statement about its situation. However the UK newspaper the Telegraph has gained access to a company spokesperson who confirmed that "the problem is many debts and very high costs. At the moment everything is blocked.

Hyundai i30 SR – a taste of Sporty Hyundai

Hyundai in Australia has revealed the Hyundai i30 SR, an i30 with a 2.0 litre petrol engine and a sportier edge. Hyundai in the UK defaults to its diesel engine offerings across almost its entire range, with the Golf challenging i30 offering only a 1.4 litre petrol with a very modest 98bhp apart from the diesel offerings. But Hyundai in Australia marches to its own beat and has rather bigger ambitions for the brand than Hyundai exhibit in most of the rest of the world, with thoughts about a Hyundai ‘Genesis’ luxury brand (although that seems to have come to nought so far) and their very own ‘Sporty’ take for the Hyundai range in the ‘SR’ model.