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Russo and Steele auction remains closed

The Russo and Steele Collector Automobile Auction remained closed on Saturday as work crews continued to asses damage and clean up from high winds that destroyed two tents at the auction site in Scottsdale, Ariz., on Thursday night. In a message posted on the Russo and Steele Web site, CEO Drew Alcazar said he would meet with consignors of the cars at the auction on Saturday morning. He added that the auction would remain closed on Saturday but that Russo and Steele would work to hold auction sessions on Sunday and Monday.

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.

Rockin' for a Cause: Iconic Jim Marshall photography to be auctioned to benefit MS

From black-and-white photographs of some of rock and roll's greatest performers to thoughtful, provocative portrayals of the automobile, Jim Marshall captured enduring images of two of America's greatest passions. Now, for the first time since he died earlier this year, some of his original photographs will be auctioned to benefit his favorite charity, MSFriends. Two portfolios of Marshall's work from the launch of Nissan's iconic GT-R supercar will be sold at a July 24 fundraiser called Rock for MS at the Petersen Automotive Museum in Los Angeles.