1984-87 Corvette Stainless Steel Brake Hoses on 2040-parts.com

Ivan 'Ironman' Stewart shifts gears, sells his stuff

Ivan “Ironman” Stewart’s high-speed lifestyle of flying through the desert, leaving a rooster tail of dust, is taking a turn down a calmer, gentler road. Stewart, 64, is ready to slow things down and create more time for himself and his family. “I’m not retiring,” he insists, “just changing directions.” Last weekend he sold his off-road racing truck business and everything that goes along with it.

Chrysler to build an electric version of the Fiat 500 for the U.S. market

Chrysler will build an electric version of the Fiat 500 minicar for sale in the United States, starting in 2012, the automaker said on Monday. A prototype of the Fiat 500EV was shown at the Detroit auto show. The concept uses an electric motor, an advanced lithium-ion battery pack and an electric vehicle-control unit.

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.