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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.

Bennett Coachworks ZX-1 Corvette

Imagine that you're a Corvette fanatic that simply has to have the latest and greatest incarnation of America's sports car in your driveway. You're head over heels for the sexy 2014 Corvette Stingray, and you've marched right to the dealership and ordered one up for yourself. Life should be good.

Subaru Canada reveals ‘Driving Confidence’ contest winners

Subaru Canada has revealed the top three designs from its ‘Driving Confidence' competition. The Canadian division of the company collaborated with the artist web site deviantART and called for "original creations that celebrate the bold design, superior handling, and meticulous engineering that Subaru vehicles are renowned for." The challenge asked for competitors to push their creativity "to the limit", which many of them did with some impressively-abstract designs. The winner won $2,500 for "Born to Rally in the Snow," the second place received $1,000 for "Unleash the Beast," while third place was awarded $500 for "Subaru Slot Car Set." The runner-up was "Subaru Impreza WRC Rally 'The Pass 2'." All of the submissions are being displayed at Subaru's booth at the Canadian International Auto Show in Toronto and in the gallery above.