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New Mazda3 Hatchback & Fastback priced from £16,695

The New Mazda3 (pictured at Frankfurt) costs from £16,695 Mazda revealed the new Mazda3 back in June, but didn’t manage to come up with prices for the UK. But now, with the Mazda 3 going on sale and due to arrive in the UK in January, Mazda has decided what it’s going to charge. The starting point for the new Mazda3 will be £16,695 for the 1.5 litre SKYACTIV-G petrol 100ps SE hatchback rising to £23,345 for the diesel 2.2-litre 150ps Sport Nav Auto hatchback.

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.

Nissan Leaf Revealed – 3 more Electric Cars to come

The Nissan Leaf revealed at Tokyo Not surprisingly, Carlos Ghosn – Nissan’s boss – has revealed that Nissan are working on a range of electric cars to be released in the next few years. Considering Nissan partners with Renault, and Renault announced something similar at Frankfurt, it’s not a huge shock toi the system that yet another car maker is going to churn out a range of EVs. First up is the Leaf, with Nissan aiming to launch an electric version of their NV200 van later in 2010.