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Fisker goes to China's Wanxiang

China's Wanxiang Group won an auction for Fisker Automotive Holdings Inc., the maker of luxury plug-in hybrid cars, with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding, with an offer that includes $126.2 million in cash and $8 million in assumed liabilities, Fisker said Friday in a statement. U.S.

Aston Martin won’t be proclaiming ‘Powered by AMG’ on its Mercedes-engined cars

Aston Martin won’t be using ‘Powered by AMG’ badges It was a long time coming, but Aston Martin finally found a way to replace their ageing engines by doing a deal with Mercedes AMG to use their very impressive powerplants. And it seems that, depite AMG’s willingness to provide Aston Martin with modern engines, AML aren’t going to be required to put AMG badges on the bodywork or engines of their very beautiful cars. Speaking to Autocar, Mercedes boss Dieter Zetsche said that Mercedes were very happy to have done a deal with AML and equally as happy to be subtle about the arrangement.

New Toyota GT 86 video with the Toyota Sports 800

New Toyota GT 86 with the Toyota Sports 800 Toyota has released new video of the GT 86, with a tribute to their first car, the Toyota Sports 800. Toyota may not have the history that European car makers enjoy, but they can now claim a genesis of almost 50 years. Which explains why Toyota has chosen to hark back to their first car – the Sports 800 – in this latest video of the new GT 86.