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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.

Huge Alfa Romeo 4C photo gallery

With its midmounted turbo four and gorgeous lines, the 2014 Alfa Romeo 4C is already one of our favorite new cars in recent memory. We're out driving this newest Italian love affair right now and will bring you a full drive review shortly. In the meantime, take a look at our giant photo gallery of Alfa 4C images including detail shots you won't see anywhere else.

Fiat, Magna, investment firm are three finalists to buy Opel

Italian automaker Fiat, Canadian parts maker Magna International and Belgian investment firm RHJ International look to be the final three bidders for General Motors' Opel subsidiary. Fiat has confirmed that it put in a bid for Opel. Final bids for Opel were due Wednesday evening.