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Aptera Motors reaches end of the road

Start-up EV manufacturer Aptera Motors has announced it is going out of business. The brainchild of former Chrysler brand manager and CEO of ASC Inc, Paul Wilbur, the company had gained approval for a $150 million loan from the U.S. Department of Energy's advanced vehicle fund, but was unable to find further backing.

2011 VW Passat Price & Model detail

2011 Volkswagen Passat Price & Model detail released Volkswagen gave us the very slightly facelifted 2011 VW Passat a few weeks ago. They like to call it the seventh generation Passat, but when we reported the reveal at the Paris Motor Show we said we struggled to see it as a anything more than six and three-quarters as its underpinnings are identical. Actually, Passat 6.5 might be e better description.

Henrik Fisker resigns from Fisker Automotive

Henrik Fisker, founder and executive chairman of struggling plug-in hybrid vehicle maker Fisker Automotive, has resigned. In an email today to Automotive News, Henrik Fisker, referring to himself in the third person, said: "The main reasons for his resignation are several major disagreements that Henrik Fisker has with the Fisker Automotive executive management on the business strategy." Fisker confirmed his resignation in a phone interview and declined to comment further. Tony Posawatz, who became president and CEO of the company in August, said this morning that he had just been made aware of the resignation.