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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.

Spanish Grand Prix (2012) RESULT

Spanish Grand Prix (2012) Result The 2012 Spanish Grand Prix is another muddled grid with Williams driver Pastor Maldonado on pole. Surely it can’t stay that way? With yet another new pole sitter at the 2012 Spanish Grand Prix - Pastor Maldonado in the Williams – there’s no question that the 2012 tyre deal is having a profound effect on F1; a playing field leveler, no doubt.

Fiat at the Geneva Motor Show – Abarth Punto EVO

The Abarth Punto EVO - Geneva bound Fiat’s hot Herberts – Abarth – don’t just have the Abarth 500C Convertible to stick on their stand at Geneva, they also have a tweaked and sorted Punto EVO – the Abarth Punto EVO – to get the attention of show-goers. The performance division of Fiat have stuck a bigger turbo on the Punto EVO which ups the output to 165bhp and drops the 0-60mph time to 7.7 seconds. But economy and emissions don’t seem to suffer with the EVO managing 47mpg and emissions of 142g/km.