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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.

Time-capsule DeLorean with only 309 miles emerges

We see time-capsule cars on a pretty regular basis, but they seldom happen to be proper time-travel cars as well. Of course we're talking about the DeLorean DMC-12, an automobile whose several thousand examples were believed to be largely accounted for. So imagine our surprise when we heard about a DeLorean recently found in a storage bay with delivery mileage on the clock and a mild layer of dust on its stainless-steel body.

Toyota makes service plans standard

Toyota Motor Corp., aiming to restore customer trust after a recall crisis, is launching two new U.S. service plans that will come standard with Toyota and Scion brand vehicles. Called Toyota Care and Scion Service Boost, the plans will offer free factory scheduled maintenance and 24-hour roadside assistance for two years or 25,000 miles, whichever comes first, the company said Wednesday.