2000-05 Chevy Monte Carlo Front Bumber Cover Grill Emblem on 2040-parts.com

GM grants Saab a reprieve, CEO Henderson resigns

By Tim Pollard Motor Industry 02 December 2009 15:51 The board of General Motors has granted Saab a lifeline – by extending the deadline for bids on its stricken Swedish patient to 31 December 2009. GM has been trying to sell Saab for the past year, and the Swedish car maker has been under court bankruptcy protection since February 2009.GM chief executive officer Fritz Henderson also announced he was to stand down. His interim successor is hard-nosed GM chairman Ed Whitacre – meaning that GM Europe and the US mothership have both lost their bosses in a matter of weeks.

£10 million cash boost for Lotus

Business secretary Vince Cable has visited Lotus’ Norfolk headquarters today, where he announced the company would be awarded £10.44 million from the Regional Growth Fund. The money will be used for research and development of products, as well as staff training. The sports car company expects to create 313 full time jobs to support production over the coming years.

EyesOn Design 2008

If seeing is believing, then the Detroit Institute of Ophthalmology (DIO) does their share of making new believers annually, including those who are visually impaired. Originally founded in 1972 by Dr. Philip Hessburg and his associates in Grosse Pointe, Michigan, out of a genuine appreciation for fine automobiles, the DIO gives credit to the designers who have given these cars their individual beauty.