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All used up: Pre-owned sales rise as consumers seek new-car alternatives

Used-car sales took a leap upward in April, and the trend is expected to continue at least until midyear as pent-up demand for affordable pre-owned vehicles jacks up at least one segment of the car marketplace. Sales of new cars continued an unabated slide toward what analysts say is a 30-year low in the United States, but used-car sales showed strength as buyers unable to finance new cars shifted their sights to less expensive used models. As a result, retailers such as the large Penske Automotive Group reported that despite an overall decline in sales in the first three months of 2009, improving used-car sales kept them in the black.

Who's Where: Alfonso Albaisa appointed Nissan Design Director for Global Passenger Vehicles and Electric Vehicles

Alfonso Albaisa has been appointed as Nissan's Design Director for Global Passenger Vehicles and Electric Vehicles, a job that will see him move back to Japan. Albaisa joined Nissan Design America almost 24 years ago and has worked on vehicles in every category and on both interior and exterior projects. He has also worked on customized super yacht design and architecture, one of his particular passions in life.

Energy Department recovers $21 million from Fisker to pay back loans

The U.S. Department of Energy says it recovered $21 million in cash from struggling Fisker Automotive that will go toward repaying nearly $200 million in loans extended under a U.S. program to spur advanced vehicle development.