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Fisker, Energy Department face tough Congressional hearing on federal loans
Thu, 25 Apr 2013Struggling 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.
Lamborghini Aventador sells 2000 in just 2 years
Sat, 08 Jun 2013The 2000th Lamborghini Aventador have been built It really shouldn’t be much of a surprise that the Lamborghini Aventador is selling well, despite a world recession, when we already know that LP700-4 Roadster is sold out until 2014 and that Lamborghini managed to sell 1,000 Aventadors in the first fifteen months of production. Now we learn from Sant’Agata that the Avenatador didn’t just sell well in its first fifteen months, but that it’s continued to power forward since witrh sales of 2,000 in the first two years of production – a figure it took the Murcialago over four years to achieve. The 2000th Aventador – a regular LP700-4 Coupe – is heading for AT&T exec Thaddeus Arroyo who will take delivery of his new car shortly, finished in Nero Nemesis black, and be able to stretch its 6.5 litre V12 sufficiently to get to 62mph in just 2.9 seconds and on to 217mph, performance figures that match hypercars costing two and three times as much.
Freelander 2: Prince Philip has a Road Angel in his
Mon, 01 Mar 2010The Duke of Edinburgh sensibly uses a Road Angel in his Freelander 2 The Land Rover Freelander 2 is a much improved car, and one that gets the Royal seal of approval. Prince Philip drives one. And very sensibly – just like the rest of us who drive a lot and don’t want taxing by one of the millions of speed cameras on the road – he has a Road Angel fitted.