Warn Warn 69660 Mini-rocker Control Switch 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.

Mercedes CLA starts to roll off production line in Hungary

The Mercedes CLA – the baby Mercedes CLS based on the new A Class – has started to roll off the production line at Kecskemét in Hungary. But that’s probably unfair; based as it is on the new A-Class, the CLA is a very good car under the skin, even if its big USP is the dramatic styling. Now, just over a week after the CLA got its first public reveal (if you don’t count the Mercedes Concept Style Coupe on which its based), the first production car has rolled off the line at the Mercedes plant in Kecskemét, Hungary.

Williams F1 wins Chelsea Flower Show Gold

Williams F1 wins Chelsea Flower Show Gold A Topiary display created by Kings & Co from Rayne in Essex of a life-sized Williams F1 car wins gold at Chelsea. Many would think that the high spot for Williams F1 in recent years was the win at Barcelona by Pastor Maldonado two weeks ago. But they’d be wrong.