Next Saab 9-5 So Good, GM CEO Fritz Henderson Doesn't Want to Sell Swedish Automaker

Apparently General Motors CEO Fritz Henderson thinks the upcoming Saab 9-5 is so good, he doesn’t want to sell the Swedish automaker. In an interview in Sweden’s Expressen magazine he declares that he’d rather see Saab fail in bankruptcy court than sell off the brand.

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Magna Emerges as Fiat Rival Over Purchase of Opel

Only yesterday it seemed as though Italian car maker Fiat was likely to purchase GM’s European Opel brand, but now a new player has emerged. Magna International, the Austrian-Canadian parts supplier to OEMs like Chrysler, Ford and Mercedes has “announced” plans to purchase a controlling share in Opel.

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GM to Spin-Off Opel & Vauxhall Brands

General Motors has just announced that it’s European operations, including brands Opel and Vauxhall will split-off from GM.

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