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Alfa Romeo 4C Spider drops at the Geneva motor show

The Alfa Romeo 4C Spider debuted at the Geneva motor show on Tuesday. The soft top is scheduled to enter production in 2015, right about the time Alfa says it will return to the United States. The 4C gets Alfa's 1.75-liter turbocharged four, driving the rear wheels through a six-speed dual-clutch transmission.

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.

Daimler and Renault-Nissan strike a global partnership

Daimler today struck a wide-ranging partnership with the Renault-Nissan alliance, in a deal that will usher in new jointly developed cars, shared technologies and a multitude of cost savings.  Cars such as the new 2014 Smart Fortwo will now be twinned with the next Renault Twingo, while the Forfour is set for a comeback and we can expect plenty of shared combustion engines and electric motors, borrowed platforms and jointly developed SUV tech across all three parties. And that's only scratching the surface of the possibilities opened up by this wide-ranging deal.