Subaru R2 2006 Steering Wheel [7670100] on 2040-parts.com
Minato-ku, Tokyo, Japan
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Bondholders snub GM, bankruptcy filing likely
Wed, 27 May 2009Nowhere 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.
Fans pay tribute to actor Walker
Mon, 09 Dec 2013THOUSANDS OF FANS, friends and car enthusiasts descended on a Los Angeles suburb to pay tribute to Paul Walker at the site where the Fast & Furious actor died in a fireball car crash. The Santa Clarita memorial, planned through social media, was due to begin at noon, but mourners began arriving hours earlier to leave flowers, candles, stuffed animals and other tributes. Throughout the afternoon, thousands of people, including entire families, arrived.
Honda issues recall due to braking problem
Thu, 14 Mar 2013Honda is recalling more than 180,000 vehicles in the U.S. due to a potential vehicle stability assist problem that could cause the system to apply a small amount of brake without any input from the driver. According to Honda, an electrical capacitor on the VSA control unit could have been damaged during the manufacturing process, causing the braking problem.