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Saab appoints North American administrator, prospects darken

Saab has appointed an outside administrator to oversee its business in North America and the potential wind-down or sale of the company if its parent operations can’t emerge from bankruptcy. The move was announced on Wednesday afternoon by Saab North American COO Tim Holbeck as the company’s future remains uncertain. McTevia & Associates, a management and financial-consulting service with offices in suburban Detroit and Florida, is the administrator.

Dassault Systèmes and Autodesign & Styling's 'Prague Experience' contest launched

Dassault Systèmes and AutoDesign & Styling magazine are looking for designs for everyday objects inspired by the Czech capital of Prague for their annual international design competition. The contest, which is open to designers from all over the world, calls for entries that are both user- and eco-friendly and reflect the character of Prague as a European city full of famous architecture and hundreds of monuments. Anne Asensio, vice-president of design experience at Dassault Systèmes and jury president for the past two years, said, "We are pleased to announce the third annual competition, and we have already introduced a small tradition.

Subaru appoints sales specialist as its new global president

The maker of Subaru-brand cars has tapped a marketing and sales specialist to be the company's new president and lead global automotive operations in the post-quake era. Yasuyuki Yoshinaga, 57, is currently an executive vice president at Subaru's parent company, Fuji Heavy Industries Ltd. He takes the title of president and COO, pending approval at the company's annual shareholders' meeting on June 24, Fuji Heavy said May 10.