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Alfa Romeo to drop MiTo & Giulietta & go RWD

The Alfa 4C (pictured) is the first part of Alfa’s plans to make proper drivers cars The argument has always been made that you’re not a real petrolhead unless you’ve owned an Alfa. But really, it’s quite some time since Alfa made proper petrolhead cars. In recent years Alfa’s focus has been on competing in the mainstream hatch market, with cars like the MiTo and Giulietta, and credible though those cars are, they’re more Fiat than Alfa.

Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

GM greenlights Chevy Spark, Orlando for production

Two more fuel-sipping Chevrolets will be coming to North America in 2011. The Chevy Beat concept is now called the Spark, and along with the Orlando multi-purpose vehicle, has been greenlighted for production. They will be sold around the world, including in the United States.