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GM may extend Saab deadline, report says

General Motors is prepared to wait beyond the end of this week before deciding on the future of Saab as it reviews remaining bids, Bloomberg News reported. The news agency quoted Saab board member Paul Aakerlund as saying that if there is a bid that GM finds sufficiently interesting, then GM's Dec. 31 decision to wind down its Swedish unit "is not a date that's holy.” Aakerlund said GM told Saab last week that it would wind down Saab and simultaneously continue talks with bidders about a sale, said Aakerlund, who also heads the IF Metall union at Saab.

Ferrari 599 HTGE China Limited Edition

The Ferrari 599 HTGE China Limited Edition But time they are a changin’ (thank you Mr D.), and China has become a big market for purveyors of luxury goods, none more so than Ferrari. So sticking together a Limited Edition Ferrari for the Chinese market is an eminently sensible move for Ferrari, even if the dozen models of the China Limited Edition will be a mere drop in the ocean in a country which boasts a population of 1.3 billion and still rising. So it seems a reasonable bet that Ferrari will have no trouble selling the China 599 to the extremely wealthy who now sit at the top of China’s financial pecking order.

Ssangyong KEV2

Continuing Ssangyong's revival is another new car from the Korean company, the KEV2. Unveiled at the Seoul Motor Show, the KEV2 is an electric version of the company's outgoing Korando model. However, in the pursuit of diversifying the aesthetic between drivetrains, the KEV2 features a new DRG that sees the conventional grille lost and more aggressive, taught LED headlights replace the existing lamps.