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A Very Merry F1 Christmas!

2008 has been a pretty eventful year in Formula 1. Lots of highs and lows; arguments over penalties for some drivers and not for others; new venues with stunning facilities and some pretty impressive racing to boot. Which should give F1 Supremo Bernie Ecclestone some great options for his annual Christmas card to close friends.

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.

World Car Design of the Year 2014 award shortlist revealed

The BMW i3 and Volkswagen XL1 are amongst the contenders for the World Car Design of the Year award as the top 10 finalists in each category of the tenth annual World Car Awards are announced. The full shortlist of nominees for the 2014 World Car Design of the Year Award are: BMW i3; Cadillac CTS; Citröen C4 Picasso; Lexus IS; Mazda3; Mercedes-Benz C-Class; Volkswagen XLR1; Cadillac ELR; Range Rover Sport and Volkswagen XL1. As in previous years for the World Car Design of the Year award, a panel of five design experts reviews all candidates before writing up recommendations for the jury of 69 international automotive journalists to consider.