Mercury 3.l 30" Liwer Unit 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.

Mullin Museum 'opens,' still no public date

The Mullin Automotive Museum in Oxnard, Calif., "opened" Thursday night with a gala Art Deco affair that did splendid justice to the beautiful cars, photos and furniture inside. Models dressed in period costume with period 'dos draped themselves over what are arguably the world's most beautiful Bugattis, Delages, Delahayes, Talbot-Lagos, Voisins and Hispano-Suizas. Similarly clad guests strolled about the perfect period decor, perfect right down to the Art Deco pillars holding up the ecologically friendly roof.

Nissan Qashqai production increased – jobs created

Nissan has increased production of the Qashqai to cope with demand We thought the original Nissan Qashqai was a decent car. It looks set to improve in a number of important areas when the 2010 Qashqai hits showrooms in March, and it seems that the great car buying public is in agreement as Nissan has just announced that they are to increase production at their plant in Sunderland to cope with demand for the new Qashqai. With all the grief in the car industry last year Nissan cut production back to two shifts in Sunderland.