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Fisker, Energy Department face tough Congressional hearing on federal loans

Struggling Fisker Automotive took a bludgeoning Wednesday on Capitol Hill from top congressional Republicans who compared Fisker to failed automotive startups of the past and lambasted the Department of Energy for allowing the electric-car producer to draw down nearly $200 million in taxpayer-funded loans. House Oversight Chairman Darrell Issa, R-Calif., told Fisker founder Henrik Fisker that he will be remembered fondly for his design work for BMW and Aston Martin. But he compared Fisker to Malcolm Bricklin, John DeLorean and Preston Tucker -- three entrepreneurs known for their failed startup car companies.

Fisker Karma drives Laguna Seca

The Fisker Karma out testing at Laguna Seca But unhappy as we are at Cars UK with the world’s obsession with all things green – and hybrid / electric cars in general – even we have to admit that some of the work that’s going on does impress us. The Tesla Roadster is a great achievement – if madly expensive for what it is (an electric Lotus) – and the work Koenigsegg are doing with the Quant is very exciting. But one company that is efficiently going about putting together a workable, high performance car is Fisker, who have been working on their electric saloon car – The Fisker Karma – for less than two years.

Frankfurt Motor Show news review: making sense of the 2013 IAA show

Newspress Frequently the car that attracts people’s attention at motor shows is an exotic-looking beast that everyone ‑ creators included ‑ know will never see the grind of a production line. Unusually, at the 2013 Frankfurt Motor Show press day, the car on everyone’s lips was a model that many journalists have already driven, and for which dealers are already taking orders: the BMW i3. With its skinny tyres and boxy, upright stance, the all-electric model isn’t as easy on the eye as the usual headline-grabbers.