Ford Mustang 2005 4.0 Cylinder Head Right And Left With Covers 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.

Subaru Hybrid Tourer concept

Subaru has released the first renderings of its 'Hybrid Tourer Concept', which will be shown at the 41st Tokyo motor show next month. A proposal for a future grand touring car, the concept aims to integrate environmental friendliness, driving performance and safety. The exterior design is said to have been inspired by wings to create a 'feeling of freedom and confidence'.

Volkswagen prices limited-edition Beetle GSR

Volkswagen is bringing back the yellow-and-black Beetle GSR for 2014, more than 40 years after the “Yellow Black Racer” (Gelb Schwarzer Renner) debuted for the first time. That car had around 50 hp; the new one will eclipse that by just a little bit. On sale today, the Beetle GSR will use VW's turbocharged 2.0-liter TSI engine making 210 hp and 207 lb-ft of torque.