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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.

McLaren P1 supercar (2012) first official pictures

Forget the abstract fluorescent light show teaser released earlier this month, because we’ve got official pictures of McLaren's latest supercar challenger. It's called the P1 and it certainly gives food for thought to those who were disappointed by the MP4-12C's styling. The F1 successor was formally codenamed the P12 ahead of its official release, but it seems McLaren is confident the P1 will put it in pole position among the super sports cars on the way from Ferrari and Porsche.

Audi Q5 unveiled at Beijing

By Guy Bird Motor Shows 21 April 2008 10:22 How does the new Audi Q5 stack up in the metal? CAR Online is reporting from the Beijing motor show - and we pored over the newcomer and met its designers at a preview night. The Q5 looks refreshingly better than in the spyshots and artists’ impressions doing the rounds.