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Fisker lays off majority of staff

This story originally appeared on Automotive News Fisker Automotive, the plug-in hybrid sports-car maker that has been grappling with financial troubles, laid off about 160 of its more than 200 employees Friday morning. A Fisker source who was among the employees affected said the layoff took place at about 8 a.m. Pacific.

Ford Mondeo Vignale Concept at the 2013 Frankfurt Motor Show

With the marques in its erstwhile premium brand portfolio having moved on to pastures (and owners) new, Ford looks a little lacking in the options when it comes to challenging at the plusher end of the global car market. Vignale is the Blue Oval’s response. “A unique upscale product and ownership experience” is how Ford was selling Vignale as the covers came off the Mondeo Vignale Concept car at Frankfurt 2013.

Dinner with Bob Lutz: Looking back at nearly 50 years in the car business

Bob Lutz is retiring--again. He has tried this twice before: at Chrysler in 1998 and with his abortive exit from General Motors last year. But this time, at age 78, it may stick, even for the car guy who has operated at the industry's highest levels since the early 1970s.