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Infiniti: The Q50 Eau Rouge is still happening

Infiniti would like to remind you of two things: 1.) that its Q50 Eau Rouge is going to be built, yes, definitely, no really, trust us, and 2.) Sebastian Vettel is the "director of performance." We imagine the four-time F1 world champion might be too busy defending his title to sit in meetings discussing whether the "real" carbon-fiber trim should be lined with red or purple weaving. "Vettel's invaluable feedback will be engineered into the next stages of the prototype's extensive development program," said Infiniti. Hey, it worked for Senna.

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.

Spyker makes a new offer for Saab; General Motors will evaluate

Spyker Cars said Sunday it had submitted a new offer for the Saab brand. Spyker CEO Victor Muller said an 11-point proposal had been handed to General Motors addressing each of the issues that arose during due diligence after the Dutch company originally bid for Saab. Muller said the new offer would remove the obstacles that were standing in the way of a swift sale of Saab to Spyker.