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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.

Salon Prive 2012: Supercars, Classic Cars & more

The last few days has seen Salon Privé 2012 at Syon Park in London with Lobster, Champagne, Supercars, Classic cars and a great atmosphere. As we’ve said before, Salon Prive is a Garden Party with endless Champagne and Lobster and manicured lawns that just happen to be littered with the finest automotive machinery on the planet. Yes, the tickets are expensive at north of £200, but you don’t just get the chance to be up-close and personal with the finest cars there are, you get an endless supply of Champagne and Lobster and the chance to people watch with a vengeance.

Rolls Royce Wraith returns

The coupe version of the RR Ghost is to be the Rolls Royce Wraith, with the first tease of the most sporty Rolls Royce ever. There was never any doubt that Rolls Royce would build a range of cars round the Ghost, with a coupe and convertible on the cards ever since the Rolls Royce Ghost arrived more than three years ago. In fact, just over a year after the Ghost launched, we reported that RR were planning an extended wheelbase version of the Gost and a coupe and convertible, just as expected.