General Motors CEO Fritz Henderson resigns after 8 months

Fritz Henderson is stepping down as chief executive at US car giant General Motors, the company has announced. GM's chairman of the board, Ed Whitacre Jr, will serve as an interim replacement, BBC says. The resignation comes just eight months after Henderson, 51, replaced former chairman and CEO Rick Wagoner, who was ousted March 29 by the Obama administration's government's auto task force.

The news came minutes after the end of a GM board meeting to discuss the fate of its Swedish car brand Saab.

GM said that due to the emergence of new potential buyers it would evaluate bids for carmaker Saab by the end of December.
GM also said that if it did not find a "suitable arrangement" it would then "wind down" Saab.

GM did not name the potential bidders. A deal to buy the carmaker failed last week.

A group led by Sweden's Koenigsegg Automotive dropped out of a possible takeover and this marked the third failed Saab sale this year. About 4,500 jobs at Saab are at stake.