Suzuki Palette 2011 Right Head Light Assembled [4210800] 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.

Ford puts the 2012 Focus ST through its paces

Ford product gurus are hard at work flogging prototypes of the 2012 Focus ST on challenging roads around the world in preparation of the hot hatch's launch next year. The car debuted in concept guise at the Paris motor show and is the halo of the new Ford Focus lineup, packing 246 hp from a turbocharged four-cylinder EcoBoost engine paired with a six-speed manual. Ford released shots of the Focus ST in light camouflage today as it tries to build momentum for the sporty addition to its small-car lineup.

Mazda confirms new SkyActiv-D 1.5 litre diesel engine for next Mazda2

The next Mazda2, previewed by the Hazumi Concept (pictured) gets a new SKYACTIV 1.5 diesel The Geneva Motor Show this year saw the arrival of the Mazda Hazumi Concept which was the first view of the next generation Mazda2, due to arrive in early 2015. What the Geneva Show also revealed from Mazda was the new SkyActiv-D 1.5 litre diesel engine which is heading for deployment in Mazda’s cars, and now Mazda has confirmed the next Mazda2 will be offered with the new clean and fugal diesel. Similar to the 2.2 litre diesel already available in the Mazda 6 and Mazda 3, the new 1.5 litre offers 103bhp and 185lb/ft of torque and features a bigger homogenous lean burn range, less mechanical resistance and new insulation to improve cooling and efficiency.