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Fisker has potential buyers in line

VL Automotive and Chinese Investment Group Wanxiang are looking to buy troubled automotive manufacturer Fisker. Maker of the curvaceous Karma, Fisker has been cash-strapped for some time now due to what company insiders called an overly optimistic business plan that anticipated rapid sales growth. Tesla's success in the luxury/upscale electric vehicle industry hasn't helped Fisker's cause either.

Alfa Romeo SUV / Crossover in 2012

Alfa Romeo SUV/Crossover We had a flurry of expectation a few years ago that ever car maker on the planet from the prosaic to the stellar would be churning out an SUV. That got modified to SUV/CUV/Crossover/Thingy as the world fell in love with anything that gave the driving position of a van but with car comforts and where the traditional classification of SUV didn’t really fit. So whether it’s Porsche, VW, Ford or Hyundai you have a car that fits the bill.

Auctioneer Dean Kruse's money woes continue

Auburn, Ind., auctioneer Dean Kruse has been ordered by a local court to pay more than $1.3 million to an Indiana bank, and a leasing company has asked a federal judge to repossess Kruse's 1985 Cessna jet, which had been insured at $3.5 million. These two recent events are on top of several months' worth of financial woes for one of the classic-car world's best-known auctioneers. AutoWeek reported in August that people from across the country were complaining that they had not been paid for cars sold at various Kruse International auctions.