Autometer 4602 Silver Lfgs Blower Pressure Gauge 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.

McLaren 650S priced from £195,250 and does 0-62mph in 3.0 seconds

The new McLaren 650S (pictured) costs from £195,250 It’s only ten days since the McLaren 650S was revealed as a more hardcore version of McLaren 12C supercar – and with more than a hint of P1 styling – but McLaren are already building it and have revealed performance and price details. Available as either a 650S Coupe or 650S Spider, the starting point is £195,250 for the Coupe and £212,250 for the Spider, that’s almost £20k more for the 650S Coupe than the 12C Coupe and £17k more for the Spider. But apart from the more dramatic styling, increased downforce and tweaks from the extra power – the 650S gets 641bhp – to the improved handling and dynamics, you also get increased levels of optional equipment including carbon racing seats from the P1, rear parking camera and full carbon fibre interior.

'80s dream-car bargains: The AutoWeek list

'84-'89 C4 Corvette High: $44,000 Low: $2,500 Average: $10,018 Our take: Arguably the best buy on this list '85-'89 Volkswagen GTI High: $5,995 Low: $4,100 Average: $4,865 Our take: The iconic pocket rocket '85-'89 Ford Mustang 5.0 High: $48,995 Low: $1,900 Average: $7,924 Our take: Pony car + V8 = tons of fun '87-'89 Pontiac Firebird Formula High: $22,900 Low: $4,000 Average: $10,293 Our take: One day, you might be able to show it at an Orphan Car Show '84-'87 Buick Grand National High: $31,700 Low: $9,000 Average: $17,442 Our take: If you can find a clean one for less than $20,000, buy it '81-'82 DeLorean DMC-12 High: $26,900 Low: $15,998 Average: $22,572 Our take: Only on the market for a couple years; might always be a collectible '81-'89 Lotus Esprit High: $41,998 Low: $16,495 Average: $23,535 Our take: One of the fastest cars in its day '88-'89 BMW M3 High: $65,000 Low: $14,500 Average: $24,417 Our take: A lot of thrills for the money '83-'85 Ferrari 308 GTS High: $44,950 Low: $32,900 Average: $37,878 Our take: A Ferrari for less than 40 grand? Believe it '81-'89 Porsche 911 Turbo High: $78,500 Low: $24,900 Average: $40,669 Our take: Be careful, these monsters are a handful!