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GM recalls 258,000 SUVs for fire hazard

General Motors is recalling a family of SUVs, including the Chevrolet TrailBlazer, GMC Envoy, Saab 9-7x, Buick Rainier and Isuzu Ascender, after reports of 28 fires caused by short circuits in the power windows and locks. The recalled SUVs are from model years 2006 and 2007. In total, GM estimates 258,000 vehicles will need repairs.

Wild weather forecast to herald 2014

PARTY-GOERS out celebrating the new year may well avoid a drenching tonight, but further rain and gales are expected to herald the start of 2014. Thousands of people across the UK are still recovering after storms last week caused widespread misery, with power cuts and flooding ruining Christmas for scores of families. And forecasters say there is more bad weather to come, with the Met Office issuing a severe weather warning for rain on New Year's Day, affecting southern England and western Scotland.

Saab seeks court protection from creditors

Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.