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Fisker to face Congressional committee probe
Wed, 24 Apr 2013Henrik Fisker's congressional testimony on Wednesday before the House Oversight and Government Reform Committee will paint the automaker he founded as a victim of "a confluence of events" and as a still-salvageable enterprise. Fisker, who resigned from Fisker Automotive on March 13, is among the automaker and government representatives scheduled to appear before Congress to answer questions regarding $193 million in Department of Energy loans made to the company. Fisker Automotive has appeared to be on the brink of filing for bankruptcy for the past few weeks.
Rolls Royce has record 2008
Fri, 09 Jan 2009We reported a while back about Rolls Royce prospering despite the credit crunch, and figures revealed today show that they continue to prosper despite the doom and gloom. When we last wrote about this back in November, we reported that Rolls Royce’s year end showed an increase of 38% year on year, with a total of 945 cars sold. Well, they’ve obviously continued in the same vein as their 2008 sales total has reached 1210, an increase of 20% over 2007.
Bluebird electric car guns for new EV speed record
Wed, 08 Jun 2011The grandson of Sir Malcolm Campbell is continuing his quest for land speed records - with a new attempt to set the electric car v-max. Don Wales has announced he will attempt a world speed record of 500mph in an electric car in 2013. 500mph?