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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.

Maybach Exelero for sale – ish

A Swiss Company is offering replica Maybach Exeleros We’re not huge fans of the Maybach here at Cars UK, as you’ll know if you’ve been here before. It’s just so ill-conceived it beggars belief that a company as savvy and successful as Mercedes can’t see it. Mind you, we’re convinced they’ve just about given up on Maybach – even though they deny it – and the 100 Maybach Coupes being built by Xenatec are a swansong to the marque, which we’re convinced will go the same way it did in its previous life by simply stopping production.

British team, trusty Fiat Panda set new Africa run record

The Fiat Panda driving team consisting of British rally drivers Philip Young and Paul Brace arrived in London today, setting a new record time for the 10,000-mile Cape Town, South Africa to London run in the process. With their time of 10 days, 13 hours and 30 minutes, the team managed to break two records: one for the Cape Town to London run and one for the run between the two cities (in either direction). The former previously stood at 14 days, 19 hours and 26 minutes, while the latter was 11 days, 14 hours and 11 minutes.