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GM grants Saab a reprieve, CEO Henderson resigns
Wed, 02 Dec 2009By 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.
Acura announces 2012 TSX pricing, special edition
Fri, 16 Sep 2011The 2012 Acura TSX sedan and sports wagon gets a $200 price bump across the line, which puts the base model with a five-speed automatic at $30,695. Acura also announced a new Special Edition package ($31,695, including $885 destination) with upgrades to the exterior including a more aggressive front end, bumper and side sills. Seventeen-inch, five-spoke aluminum wheels get a dark gray finish, and a Special Edition badge adorns the trunk lid.
BMW Brilliance 5-series New Energy Vehicle (2011)
Thu, 07 Apr 2011BMW has presented the first official picture of its BMW Brilliance 5-series New Energy Vehicle, a hybrid long-wheelbase 5-series which will debut at the 2011 Shanghai motor show. BMW's brilliant New Energy Vehicle? How do you know?