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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.

Smart Forvision Concept points at new Fortwo

Smart Forvision Concept - a pointer to the 3rd generation Fortwo Just as they do with Maybach, Mercedes persist with Smart. Despite the fact that both outings must cost an arm and a leg to keep going with, as far as we know, no profits ever. And that perseverance seems unlikely to end any time soon – at least for Smart – with the reveal of the Smart Forvison Concept, which is heading for Frankfurt.

Caterham Sevens reimagined as classic F1 cars

You could never really call the Caterham Seven modern – its look has remained fundamentally unchanged since the original Lotus Seven (the car Caterham would eventually buy the rights to build) launched back in 1957. Today, the engine is still in the front, those delightfully exposed front wheels still float over bumps and the frog-eyed headlights serve as a reminder of years gone by. And now the modern Seven has been taken right back to the period where it was first conceived, with these Grand Prix-style racers from Zolland Design.