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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 NS4 Hybrid Concept tease for Detroit

Toyota NS4 Hybrid Concept teased Toyota are teasing a new hybrid concept car – the NS4 – ahead of the Detroit Auto Show in January. Today it’s Toyota’s turn to roll out the photographer they used last week to take photos of the Lexus concept for Detroit. This time it’s the Toyota NS4 being teased, and it looks like the photographer left his camera where it was after the Lexus shot and just rolled the NS4 in to view.

Nissan sets prices for the 2012 Armada and Titan

Nissan is keeping prices essentially the same for the 2012 Armada and Titan lineups, the former with slightly higher stickers for the SL and Platinum models. The Nissan Armada SUV still comes in three trims for 2012. The rear-wheel-drive SV starts at $39,465 with shipping and at $45,065 for the all-wheel-drive version.