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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.

Porsche GT3 to launch at Geneva

The next in line for the mid-life facelift (Gen 2) of the Porsche 911 is the GT3, following on from last year’s revisions to the Carrera and Targa. The GT3 has had only minor modifications to its looks, instead the detail, as you would hope, has gone on under the skin. The engine has gone up in size from the old 3.6 litres to 3.8, yielding an increase in bhp – up to 435bhp.

Chevrolet Corvette Stingray to showcase Toyo Tires at SEMA

If you thought that tire manufacturer will just have tires at their stands at SEMA... you probably haven't been to SEMA. The manufacturers' new tires tend to be coupled with spectacular show cars created in partnerships with tuners and coachbuilders, and this year there will be no shortage of show cars sporting the latest tires.