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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.

2013 Lexus LS – first official photo

The 2013 Lexus LS is due to be revealed on Monday but Lexus has already revealed the first official photo of the new LS. We reported earlier this month that the new 2013 Lexus LS was on the way – including an LS F Sport version - and that Lexus would be revealing their new flagship on 30th July. But hot on the heels of a couple of leaked photos of the new LS, Lexus has decided to be pragmatic and release an official first image of the 2013 LS ahead of the official reveal next week.

Fiat 500X: A sneak peek at Fiat’s 500 SUV

The Fiat 500X is an SUV based on the same platform as the 500L, and we’ve got a sneak peek of it at a press event in Italy. Fiat are determined to extend the 500 franchise with an extended range of models, such as the Fiat 500L we saw officially launched earlier today. Next up will be the Fiat 500X, a crossover come SUV based on the same Punto platform as the new 500L and aimed at the same market place as the MINI Countryman.