Brp Ski-doo Jet Needle J8 7dl7 P/n 404147800 on 2040-parts.com

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.

Vote: Would you buy a Toyota Etios Cross?

Millennials are our future, God help us all, and automakers are still trying to figure out to get this supposedly car-averse demographic to part with its money. Of course, the real reason many Millennials aren't buying cars is because they don't have much money to part with. And, in that respect, they're in the same shoes as consumers in developing markets.

IFR Aspid

The Aspid is a new sports car from a new car company that has just made its international debut at the British Motor Show. The UK is the biggest single European market for small sports cars, and the Aspid also has British genes in its typology that clearly stems from the Lotus Super Seven. Technical highlights of the car include an extruded aluminum chassis weighing a mere 75kg clothed in carbon fiber, a two-liter supercharged engine with 400PS, an overall weight of 700kg, and headline performance figures of 0-100mph in 5.9 seconds.