Sti Hd7 Radiant Red/matte Black Atv Wheel 17x7 4/156 (4+3) [17hd703-red] 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.

Lotus Evora Facelift heading for Frankfurt

Lotus Evora Facelift expected at Frankfurt based on the Mansory Evora (above) It’s a ‘back to reality’ story from Lotus, for a change, with the news that, possibly, they are going to take a facelift Lotus Evora to the Frankfurt Motor Show. Of course, we’ve been here before. Earlier in the year we reported that Lotus were taking an Evora with a facelift off to Geneva, but that turned out to be a Mansory version of the Evora, seemingly with the blessing of Lotus as it appeared on their stand.

JAG CELEBRATES SUCCESS AND A BIRTHDAY

BARONS' RECENT annual 'Jaguar Heritage Sale' celebrated all models of the much-loved marque but the E-type, in its 50th anniversary year really stole the show. The car had bidders and vendors purring with pleasure and nine of these stunning cars were on offer and all of them sold. Of the four examples offered, not one sold for less than £31,000 and the chart topper – a magnificent, bright red 1972 machine achieved over £39,000.