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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.

Millions lie to cut car insurance costs

New research suggests that up to 2.4 million British motorists may be at risk of invalidating their car insurance because they’re not being accurate about the information they provide. Mystery shopping and market research specialist Consumer Intelligence carried out the study, which reveals that one in 12 of us essentially admits to lying to our car insurance companies in an effort to try and save money. Common car insurance myths busted The £1.2m insurance quote: driver quoted £104K a month for old Vauxhall Corsa Although one in five said they made a mistake or did not know the reason, 60% of those queried about their misleading actions said they did so in a blatant attempt to get a lower premium.

Mercedes CLA45 AMG first photo

The first photo of the baby swoopy-coupe Mercedes CLA45 AMG has been revealed ahead of a New York Auto Show debut in a PS4 Driveclub release. The car that Mercedes hope will give it the edge over BMW and Mercedes in the hot baby premium market – the A45 AMG – has already been revealed, and it looks very promising. But although we’ve got the A45 AMG and all its specs already, we’re yet to see a photo of its swoopy-coupe sibling – the Mercedes CL45 AMG – even though the new CLA range has been revealed.