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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.

Vintage-photograph auction at Lime Rock to benefit teen-driver training

Photographs of racing legends from yesteryear will help the young drivers of tomorrow through an auction over Labor Day weekend at Lime Rock. Autographed vintage photos of famous drivers will be sold to benefit a charity called Survive the Drive, which educates and trains high-school drivers in the Northeast. The program helped more than 10,000 students in the 2008-09 school year.

Lamborghini Gallardo Tricolore: Official

Lamborghini Lamborghini Tricolore - a Balboni with a new stripe Yes, it’s another Limited Edition Lamborghini Gallardo (although officially it’s just a one-off at the moment), this one bolted together to celebrate Italy’s 150th Anniversary of Unification and originally named the Lamborghini Gallardo Tricolore. If that rings a faint bell somewhere, you may have been reminded that Pagani created a Zonda Tricolore as one of the endless ‘This is really the last Zonda’ creations to flog a one-off to someone with more money than they can fritter themselves without help from Horacio. So what does the Gallardo Tricolore have to offer?