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Protection short
GM grants Saab a reprieve, CEO Henderson resigns
Wed, 02 Dec 2009By 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.
Chevrolet Corvette No. 1.5 million rolls off the line
Thu, 11 Jun 2009The Chevrolet Corvette, one of top icons of America autos, has hit another milestone--1.5 million units built. Corvette No. 1.5 million--a white convertible with red interior, the same as Corvette No.
Women’s World Car of the Year 2011: Citroen DS3 & BMW 5-Series
Wed, 21 Sep 2011Women's World Car of the Year (WWCOTY) 2011 - DS3 & 5 Series tie We’ll decline to question too much what the response would be if a panel of male motoring writers voted for a ‘Man’s World Car of the Year Award’. Although we’d speculate that most women would consider that every other car awards is exactly that. But just as we did in 2009, we find the 2011 Women’s World Car of the Year Award winners to be in accord with what any panel of knowledgeable car bods would vote for, with the wonderful Citroen DS3 and the exceptional BMW 5-Series tying as winners.