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Saab calls off deal with Chinese automaker

Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.

Fiat 500 gets dressed up by Mopar

Chrysler is cranking up its Mopar parts unit to make it easier to customize the diminutive Fiat 500. Mopar will have more than 150 parts for the Fiat, including a Wi-Fi router to turn your microcar into a wireless hot spot. "The Fiat 500 is one of the most accessorized vehicles in Europe," said Pietro Gorlier, president and CEO of Mopar, Chrysler Group LLC's service, parts and customer-care brand.

Pininfarina adds product-development director

Starting on Dec. 1, Andrea Maria Benedetto will serve as Italian car-design firm Pininfarina S.p.A.'s product-development director. Benedetto, who last served as the vice president of body and chassis function in the research and development division of Toyota Motor Europe, will organize engineering and R&D activities.