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Maserati names new North American boss

Update on McNabb Maserati has named longtime Chrysler executive Bob Graczyk as CEO of its North American division. He replaces Mark McNabb, who previously worked for Cadillac and Infiniti. McNabb had led Maserati since June 1, 2009.

Saab: Muller seeking €600 million Chinese Bank loan to placate GM

Saab €600 seeking million China Loan Victor Muller is seeking a €600 million loan from a Bank in China to allow Saab to survive and circumvent GM’s objection to Chinese ownership. We’re not sure if this is ‘Plan B’ or whether we’re way beyond that now. But the latest ‘Save Saab’ pitch from Victor Muller is to acquire a €600 million loan from a bank in China to save Saab.

2012 Chevrolet Colorado revealed in production trim

Chevrolet staged the global reveal of its next-generation midsize pickup truck, called the Colorado, on Wednesday in Thailand. The company won't confirm that the truck will be sold in the United States, but according to details of the General Motors-UAW pact signed in September, a midsize truck will be assembled in Wentzville, Mo., as part of a $380 million investment. The Colorado would be a global truck and is to be sold in 60 markets, and it would replace the aging truck of the same name in the United States.