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Fisker goes to China's Wanxiang
Mon, 17 Feb 2014China'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.
Audi readies flagship Sport Quattro concept for Frankfurt
Wed, 14 Aug 2013Audi will unveil its new Sport Quattro concept at next month's Frankfurt motor show, previewed in a number of sketches. We first saw the Quattro concept back in 2010 at the Paris motor show and three years later the carmaker has produced another iteration, a 2+2 coupé, that measures in at 4,699mm – 419mm longer than the Quattro concept (4,280mm). From what the sketches show, the Sport Quattro retains the chunky C-pillar of the 2010 Quattro concept, the 1984 Sport Quattro and the original Ur-Quattro models, while the four headlamp units are another nod to the original.
New engines for BMW 3-Series, 4-Series and X5
Thu, 19 Sep 2013The BMW 3-Series, 4-Series (pictured) and X5 ar getting new engine options. With a new BMW X5 recently debuting, together with the new 4-Series and recently updated 3-Series, there are already a number of variants on offer, but this autumn there are more to come. The BMW 4-Series range (the replacement for the old 3-Series Coupe) will see the arrival of a new entry-level model - BMW 420i Coupe – with a 184hp four cylinder petrol engine with a 6-speed manual as standard or the eight-speed auto as an option.