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Henrik Fisker leaves his eponymous company

Henrik Fisker, co-founder of Fisker Automotive, has resigned from the company as Fisker seeks funding to move forward. But Henrik Fisker managed to convince the car world his Fisker Karma was credible, even if its gestation has been plagued by problems,  the latest of which has been the demise of its battery supplier – A123 Systems – and the wrecking of a dock full of seemingly uninsured Karmas by Hurricane Sandy. The current problems at Fisker has seen them seeking a new investor, with two Chinese companies – Geely and Dohnfeng – vying to take a majority stake in Fisker Automotive and help Fisker recover sales of the Karma and move on with Project Nina, the smaller Fisker Atlantic.

GM recalls 1.5 million vehicles for oil leak

General Motors is recalling nearly 1.5 million Buick, Chevrolet, Oldsmobile and Pontiac mid-sized cars equipped with a 3.8-liter engine because an oil leak could start an engine fire. Under hard braking, engine oil could leak past a heat shield and drip on the exhaust manifold. The National Highway Traffic Safety Administration says that could start a small fire that could spread to a plastic spark plug wire guide and beyond.

Baby Rolls-Royce named as Ghost

By Ben Pulman Motor Industry 20 April 2009 09:00 Rolls-Royce has revealed that its new sub-Phantom saloon will be called Ghost. The announcement was made by Rolls CEO Tom Purves at a press conference held at the Shanghai motor show this morning, and he also teased at other future models that will bear the Ghost name. RR4 was just the codename for the ‘baby’ Rolls, as it was the fourth model in the new-generation of cars under BMW ownership (after the Phantom, Phantom DHC and Phantom Coupe).