Willys Coupe Jeep Overland Truck Pinstripe Custom Vinyl Decal Emblem Pair 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.

Lexus IS

Details and pictures of the new Lexus IS saloon have been revealed ahead of the car's full debut next week in Detroit. Previewed back in September at the Paris motor show with the LF-CC concept, the IS features the carmaker's signature spindle grille and L-shaped Daytime Running Lights (DRL). The IS also retains the prominent character line that rises from the lower body into the rear lamp clusters and also features another that runs underneath the windows.

Aston Martin outlines Centenary celebrations

Aston Martin celebrates its centenary year in 2013 and has outlined plans to celebrate 100 years of Aston Martin. Officially, Aston Martin was founded in 1913 – although it was not until after the first world war ended that they actually started proper production – and with 2013 marking 100 years of Aston Martin there are celebrations planned throughout the year. On 15th January – exactly 100 years since Aston Martin was incorporated – the oldest surviving Aston Martin – the A3 – will join the latest Aston Martin Vanquish at Henniker Mews in Chelsea, where Aston Martin originally operated, to unveil a plaque to commemorate the anniversary with the Aston Martin Heritage Trust Walter Hayes Memorial Lecture taking place that evening with Sir John Standing telling the story of Lionel Martin’s early experiences.