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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.

Mercedes-Benz plans teen-driving school

Mercedes-Benz plans to open a driving school for teens in the United States late this year. The school will be modeled on one that Mercedes launched in the United Kingdom in 2009. The location of the school and the program cost won't be disclosed until the end of April, a company spokesman said.

Kia's chief designer seeks a sporty car to blow the doors off its image

Kia's design boss wants to add a sports car or convertible to lend more appeal to the brand. No such car is officially in the pipeline, said Peter Schreyer, Kia's chief design officer. Kia first needs to get on more solid footing, he said.