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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.

Bugatti Veyron Centenaire heads for Geneva – Rumour!

I have to say rumour, because Bugatti are not exactly reliable with information! We’ve heard rumours before that they are producing a ‘Sang Noir’ version of the Targa-Topped Grand Sport, but they’ve gone quiet on that. But now we’re hearing solid rumours, as Bugatti is 100 years old this year, that they are going to be showing a very special anniversary edition of the Veyron – The Bugatti Veyron Centenaire – at Geneva ‘o9 next month.

New 2013 SEAT Toledo revealed

The new SEAT Toledo – seen at Geneva 2012 and sister car to the new Skoda Rapid – has been revealed. The SEAT Toledo Concept rolled out at this year’s Geneva Motor Show looked production ready to us, and judging by the reveal of the new SEAT Toledo in production guise today, it was. Sister car to the recently revealed Skoda Rapid, the SEAT version is separated from its sibling by minor differences on the nose, tail lights and trim and is aimed at exactly the same market place.