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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.

Chrysler to build an electric version of the Fiat 500 for the U.S. market

Chrysler will build an electric version of the Fiat 500 minicar for sale in the United States, starting in 2012, the automaker said on Monday. A prototype of the Fiat 500EV was shown at the Detroit auto show. The concept uses an electric motor, an advanced lithium-ion battery pack and an electric vehicle-control unit.

Skoda VisionC concept for Geneva 2014 debut

This is the first official teaser image of Skoda’s 2014 Geneva Motor Show star, called the Skoda VisionC concept. The new design study will be unveiled in Switzerland next month and previews “the next stage of development in Skoda’s design language”, according to the Czech brand. On Bing: see pictures of the Skoda VisionC concept Find out how much a used Skoda costs on Auto Trader The car is quite a break from the norm for Skoda, which is a carmaker known for building practical family hatchbacks, saloons and estates under the VW Group umbrella.