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Mazda2 will get an upgraded interior

Mazda Motor Corp. said Thursday that it is installing upgraded features for the North American launch of the 2011 Mazda2 this fall. The automaker unveiled the interior of the five-door hatchback at the Canadian International Auto Show in Toronto.

2014 Hyundai Genesis: First photos ahead of Detroit debut

First photo of the new Hyundai Genesis However far Hyundai has come in the UK and Europe in the last few years, they still don’t think Europe is ready for their range-topping saloon – the Hyundai Genesis. But that could be about to change with the arrival of the 2014 Hyundai Genesis, which Hyundai has started to tease with the release of the first photos of their new car ahead of a debut at the Detroit Auto Show. Looking like a slightly tamer version of the Hyundai HCD-14 Concept we saw at Detroit at the start of the year, the new Genesis gets Hyundai’s latest Fluidic Sculpture 2.0 design language which brings with it a new Audi-esque front grill (well, Hyundai/Kia’s design guru, Peter Schreyer, did come from Audi) as well as a sleeker, more elegant style.

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.