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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.

Italian design house Bertone nearing bankruptcy

The Italian design house Bertone is reportedly nearing bankruptcy again, according to a report from Autocar. The carrozzeria has experienced financial problems in 2008 and 2013, and even though it generated more than €20 million, or approximately $28 million, last year, the company reportedly laid off 160 employees recently. At least 30 workers who have been laid off have taken action against the company, seeking to recover monies owed to them.

Top Gear Breaks Loop-the-Loop World Record In South Africa

The Top Gear Stunt team has achieved the first ever double loop-the-loop in a car in front of an audience in South Africa. Last week we reported that Top Gear were planning to attempt the first ever double loop-the-loop at the Top Gear Festival in Durban. And by jove, they did it.