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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.

Radical RXC supercar (2013) first picture

Radical is entering the supercar game with this: the Radical Xtreme Coupe, or RXC. The Le Mans racing car-inspired machine will go on sale in summer 2013 in either road-legal or track-only guises,, costing just over £100,000. Just how fast is the Radical RXC?

2012 BMW 1-Series – it’s official

2012 BMW 1-Series - now from BMW When we reported that the 2012 BMW 1 Series had leaked out yesterday, we did say it wouldn’t take long for BMW to release details officially, especially as there were so many official photos of the 2012 1-Series. In the end it took all of 24 hours for BMW to get it together and send us details, which lets us fill in the gaps from yesterday on detail, although there’s really nothing new on the photo front. We know from yesterday that the 2012 BMW 1-Series is bigger than the outgoing car, and that the styling, particularly on the nose, is a more confident statement than before.