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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.

Driven: Chevrolet Volt

Meeting the Chevrolet Volt could easily have been an anti-climax. This is a design that ‘feels' nearly four years old — the concept first seen in Detroit in 2007. Together with the online hype surrounding it, and the part it plays in GM's renaissance, the weight of expectation is alarmingly high.

High-five for Mini's new, larger hatchback

THE LONG-RUMOURED five-door Mini hatchback has finally been unveiled, featuring an extra seat, more legroom and a larger boot than the three-door. By using a longer and wider body, the five-door is able to offer 72mm more legroom for rear passengers, who can also now access the new row of three seats via small but useful rear doors. Boot space is up to 278 litres, which although still comparatively low is 67 more than the three-door hatch can boast.