Weld 15 X 12 Dragstar Bead Locks 4.5 Bs 5-4 1/2 Bp 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.

New Ford Edge SUV revealed – and it’s heading for the UK

The new Ford Edge (above) will arrive in the UK in 2015 The new Ford Edge – new to the UK, but already in Ford’s model range in the US – has been revealed as Ford’s big hope to cash in on the still growing obsession with SUVs of all shapes and sizes in the UK. A big brother to the new Fiesta-based EcoSport and the longstanding Ford Kuga, the new Ford Edge rides on underpinnings that started out as the new Mondeo (well, new to the UK when it finally arrives in the Autumn) and owes its looks, more or less, to the Ford Edge Concept we saw at the LA Auto Show last year. Just like the Edge Concept, the new Ford edge comes with a big statement grill and big alloys, LED lights all round and a choice of three trim levels - Trend, Sport and Titanium – with more than a fighting chance that Ford will add a Vignale version too.

Concept Car of the Week: AMC Amitron (1967)

While the American auto industry spent most of the late ‘60s creating huge barges powered by monstrous engines with loud decals on disco paint jobs, AMC believed in the future of compact cars, fuel economy, and go-faster stripes. Designed under Richard Teague's supervision, the quirky Amitron was unveiled in 1967 in a hotel in Detroit. Measuring less than 2,200mm long, it is 350mm shorter than a Smart Fortwo and its wide track gave room for three passengers seating abreast.