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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.

Ultimate luxury: 2014 long wheelbase Range Rover revealed

If you ever thought the Range Rover was a touch cramped in the back, you’re in luck. Land Rover has unveiled the first long wheelbase Range Rover for 20 years, adding even more comfort and space to the already lavish off-roader. Alongside this, it’s also confirmed a new "exclusive specification" for the line-up – the Range Rover Autobiography Black.

Audi TT goes SUV: offroad concept revealed in Beijing

Audi has revealed a bold TT crossover SUV at the Beijing Motor Show – and the offroad concept looks so complete and production-intent, we wouldn’t bet against this concept becoming a showroom reality sooner than we think. Audi’s technical boss Dr. Ulrich Hackenberg admitted at the big China show that the TT offroad concept was “a glimpse of how we might imagine a new model in a future TT family”, and that last word is crucial: this is the first clear sign that the TT is going to turn from a single model into a range of cars in its own right.