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Fisker Automotive lays off some workers as government reworks loan

Work on the Fisker Nina family sedan has temporarily halted at the Fisker Automotive plant in Wilmington, Del., while the carmaker and the federal government hash out details of the company's $529 million Department of Energy loan. The interruption has resulted in the layoff of 26 people at its Delaware plant and a number of contract engineers at Fisker's Anaheim, Calif., headquarters. Fisker Automotive said some of the engineering-staff reductions in Anaheim were already planned to occur in between development of the Karma and the Nina.

Japan automakers extend shutdowns as quake impact widens

Japan's seven big automakers are extending nationwide production shutdowns amid growing concern about supply chain interruptions, power shortages and export difficulties following the massive earthquake and tsunami that hammered northern Japan, killing thousands. Toyota Motor Corp., one of the few automakers with a major manufacturing presence in the quake zone, suspended all manufacturing--at both assembly and parts plants--on Monday and extended the shutdown through at least Wednesday as an added precaution. The company will lose output of roughly 40,000 vehicles over the three-day period, spokesman Dion Corbett said.

Camaro Z/28 Indy 500 pace car revealed by Chevrolet

Chevrolet has taken the wraps off the pace car for the 98th running of the Indianapolis 500: It'll be the 2014 Chevrolet Camaro Z/28. Veteran race car driver Dario Franchitti will be piloting the Camaro Z/28 around the track on race day, May 25. 2014 will mark the eighth time that a Camaro has been chosen as the official pace car for the race, with 1967 being the first time that a Camaro has lead the pack around the course.