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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.

Audi says U.S. will get clean diesels at a premium

Audi CEO Rupert Stadler says American consumers will get more clean diesels--but they will pay a premium for them. “I think the problem is that we don't really have an honest discussion,” Stadler said in a press roundtable at the auto show here. “There is a very, very high level of investment, and nobody today knows if the return will come,” he said.

Ferrari 599XX sets new Nurburgring lap record

So about the Ferrari 599XX being a road car...Ah yes. The 599XX is a £1.2 million special that's hardly your average or common Ferrari. Designed for track use, a maximium of 29 will be built, each delivered to carefully selected Ferrari owners granted access to this rolling testbed.