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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.

UK pays £30 million a month in parking fines

British motorists are paying out a massive £30 million in parking fines every month, according to Freedom Of Information data obtained by LV= car insurance. So far in 2013, councils have handed out over 890,000 tickets a month – an increase of 4% on 2012 figures. The huge £30 million total is based on the UK average parking fine of £42.

Jaguar: Sales rose 8% in 2008

Jaguar Cars Ltd., which stopped reporting sales figures after being purchased by India's Tata Motors in June, said global sales rose 8 percent last year while U.S. volume fell. Jaguar sold 65,000 vehicles in 2008, Managing Director Mike O'Driscoll said in an interview at the Detroit auto show.