Volvo S60 Front Air Bag Srs Sensor 9452777 2001 2002 2003 2004 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.

2013 Ford Kuga goes in to production

The new (2013) Ford Kuga crossover – which debuted at Geneva in the Spring – has now gone in to production in Spain ahead of first customer car deliveries. Ford has announced it’s finally started to churn out the new Kuga at its plant in Valencia, and that the Kuga will be heading to Ford’s UK showrooms to get customer cars out in the new year. Despite starting production of the new Kuga, Ford still hasn’t come up with prices for its compact crossover, but says they will be available before the end of the year. On offer in the new Kuga is a range of new technology including the kick-to-open tailgate, Active Park Assist, Blind Spot Monitoring Torque Vectoring Control, SYNC and the first use of Ford’s EcoBoost engines in the Kuga (although no sign yet that the 1.0 litre EcoBoost will be added to the Kuga).

Volkswagen GTI Roadster bows at Woerthersee

As we expected, Volkswagen introduced the real version of the GTI Roadster “Vision Gran Turismo” at the Woerthersee festival in Austria on Thursday. The show car was originally created for the PS3 game's “Vision” series of cars. It debuted in-game on Monday.