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A majority of bondholders of General Motors refused the offer of the manufacturer to convert their bonds into shares. This was announced Wednesday that the company should be placed under the law of bankruptcy protection. GM has until Monday to submit a restructuring plan meeting at the White House, under penalty of being placed in bankruptcy. Detroit firm already received $ 19.4 billion American
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• more safety features than any other vehicle in its class by offering up to 10 airbags and the security and convenience of OnStar system offer. • The 1.4L TURBOCHARGED option should provide the best acceleration of the category and a consumption of 5.1 L/100 km on the highway. Chevrolet introduced the all-new 2012 Sonic in Canada has a base MSRP of only $ 14,495. Sonic is equipped, serial, the
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While Audi had us in 2005 RS4, high performance BASED ON A4 version, it seems that the new generation A4 death knell for the moment, this destiny bomb compete with the legendary BMW M3 and Mercedes -Benz C63 AMG. However, it seems that the manufacturer could offer us shortly the RS5, an equally powerful version, but based both on the cutting A5. According to some european complications, the RS5
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General Motors of Canada reiterated its intention to invest heavily in research activities and development in Canada. Between 2009 and 2016, GM provides for investments totaling $ 850 million in research and development in Canada, the amounts that will be greatly beneficial long-term GM and the Canadian auto sector until 2016 and beyond. "GM has long been a national leader in matters of
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