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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.

Jaguar XKR 75: Goodwood debut

The rather pleasant looking Jaguar XKR 75 We did say last week that Jaguar were about to make a production car out of last year’s XKR Goodwood Special. And as usual we had a punt at the name. Jaguar XKR-S?

Lexus reveals 2013 GS sedan, launches new styling direction

Lexus on Thursday pulled the wraps off the redesigned 2013 GS sedan, revealing a sharper look that was previewed last spring with the LF-Gh concept car. The 2013 Lexus GS rides on a new rear-drive platform, although the car's wheelbase and exterior dimensions are nearly identical to the current car. Under the hood is a 3.5-liter V6 rated at 306 hp and 277 lb-ft of torque--marginally better than the output of the current Lexus GS 350.