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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.

Toyota TRD GT86 UK bound

The Toyota TRD GT86 – a titivated GT86 – is heading for the UK as a special edition of Toyota’s new sports car. The Toyota GT86 (and, for that matter, the Subaru BRZ) is exactly the sort of car Toyota should be building in the 21st century; good looking, fun and affordable, it fills a niche Toyota have long been absent from. The only drawback has been a feeling that the GT86 could be more aggressive than it is and, to a degree, the Toyota TRD GT86 fixes that.

High Fuel Costs Forcing Drivers Off Road

THE latest AA/Populus survey released to coincide with the Government’s Autumn Statement tells us something we probably already know: high fuel prices are continuing to force drivers to use their cars less. As part of its poll of 21,587 AA members, the organisation found that 45% are cutting down on car usage and 28% are slashing family or personal budgets to compensate. Semi or unskilled workers and pensioners are cutting back most on motoring, with 53% using their cars less.