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Alfa Romeo teases production 4C sportscar

Alfa Romeo has revealed the first official teaser image of its 4C sports car. The 4C, which is expected to debut in March at this year's Geneva Motor Show, was first seen in concept form at the 2011 edition of the show. The image shows a set of alloys that also featured on the concept, indicating that the production version shouldn't be much different from the concept.

Spyker slaps GM with $3 billion lawsuit

Spyker, the Dutch supercar firm and owner of Saab, hit General Motors with a $3 billion lawsuit Monday, claiming GM forced Saab into bankruptcy and interfered with a potential deal with Chinese investors that could have saved the company. Spyker is suing on behalf of Saab, assuming legal costs in exchange for a significant proportion of any potential award. Saab went into bankruptcy in December 2011.

RM classic-car auction in Detroit rakes in more than $2.5 million

Two of General Motors' finest convertibles from half a century ago were the top sellers at the RM auction last weekend in suburban Detroit. A 1958 Pontiac Parisienne droptop sold for $104,500, and a 1960 Cadillac Eldorado Biarritz went for $82,500 at the annual classic-car event, April 24-25 in Novi, Mich. Prices include a buyers premium.