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Fisker goes to China's Wanxiang

China's Wanxiang Group won an auction for Fisker Automotive Holdings Inc., the maker of luxury plug-in hybrid cars, with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding, with an offer that includes $126.2 million in cash and $8 million in assumed liabilities, Fisker said Friday in a statement. U.S.

Revving up for winter

It happens every year, that inevitable moment Mother Nature decides to unleash her snowy wrath on the greater part of the United States. Winter has arrived and suddenly your rear-wheel drive, high-performance cars aren't providing you with the performance or confidence you need to combat those Antarctic-esque conditions. For those fortunate enough to live in year-round T-shirt permitting weather, we invite you to keep reading, because it's a fact that all 50 states receive some measure of winter weather in a typical year.

Alfa Romeo’s future master plan

Alfa Romeo Alfa Romeo’s thrilling new 4C sports car "marks a line in the sand" for the Italian firm, according to head of Alfa Romeo Europe, Louis-Carl Vignon. Speaking to MSN Cars at the launch of the 4C, the Alfa exec confirmed the marque’s future products will be inspired by its new halo model, meaning we’ll see more high-tech, efficient and performance-focused Alfa Romeo’s in the near future. On Bing: see pictures of the Alfa Romeo 4C Alfa Romeo 4C review A new off-roader will make up the heart of the Alfa Romeo range Vignon also outlined that further variants of the 4C are possible, potentially including an open-top spider version, as well as a higher-powered, more hardcore model.