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Saab 1947-2009: GM 'will close Saab'

By Tim Pollard Motor Industry 18 December 2009 20:33 It's a sad day for Saabphiles, as GM announced – one week to the day before Christmas – that it has failed to find a buyer for Saab. It will begin winding down the Saab operation immediately. There had been a glimmer hope for Saab earlier this month, as supercar maker Spyker stepped in as a possible suitor after similarly small sports car specialist Koenigsegg walked away from a potential deal in November 2009.But GM admitted it could not viably sell Saab to Spyker – and no other bidders were forthcoming.

Ford Figo – Cool for India

The Ford Figo - made in India For has spent a few bob – around £300 million – expanding its car making facilities in India at Chennai to make the plant capable of producing 200,000 cars a year which, as Alan Mullaly, Ford’s CEO said, does show how serious Ford are about the Indian market. The Figo – which is apparently colloquial Italian for ‘Cool’ – shares Ford’s small car platform, which means that under the skin it’s a Fiesta. It looks like a Ford too, with the usual ford ‘Kinetic’ design cues written all over it.

General Motors names Mary Barra to head global product development

General Motors named Mary Barra head of global product development on Thursday, succeeding Tom Stephens, who was named global chief technology officer of the automaker on Wednesday. An engineer, Barra, 49, is the first woman to hold the top product development job at GM. Since 2009 she has served as vice president of global human resources for GM--a key post as the automaker restructured and emerged from bankruptcy protection.