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Jaguar F-Type to get high profile dealer handover ceremony this week

Now the time is nigh, and the first F-Types will be heading for Jaguar dealers around the UK on Thursday (18th April), but they won’t be going on a fleet of transporters as usual. Instead, Jaguar is making an event out of a normally quite prosaic handover. Jaguar dealers from all round the UK will congregate at the Ricoh Arena in Coventry to find 59 new F-Types arranged in the shape of a giant ‘F’.

Mercedes-Benz F125 concept

Mercedes today revealed the F125 concept at the Frankfurt motor show. Claimed to represent ‘a radical reinterpretation of a sports sedan', the new car is also said to preview the next generation S-Class. Created in close collaboration between the technical research and development departments, as well as the Advanced Design Studios in Sindelfingen and Carlsbad, CA, Mercedes says the exterior design of the F125 is a further development of the company's current design strategy, with organic use of body surfaces, a cab-forward stance and short overhangs.

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.