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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.
Aston Martin One-77 (2009): new video and cabin photo
Wed, 12 Nov 2008By Tim Pollard First Official Pictures 12 November 2008 12:12 Aston Martin today publishes a second video of its uber-exclusive One-77 supercar – and we see the first glimpse inside the £1.2 million car's cabin. Watch the short film on our video player below to see official footage of Aston CEO Dr Ulrich Bez, design boss Marek Reichman and program manager Chris Porritt talking about the One-77. Porritt said the One-77 continued the tradition set by low-volume models like the DB4 GT Zagato – with craftsmanship that just wouldn't be possible on a V8 Vantage or DB9.
BMW Brilliance New Energy Vehicle – it’s a plug-in BMW 5-Series Hybrid
Fri, 08 Apr 2011The BMW Brilliance plug-in The Shanghai Motor Show is looming, and we’re starting to see pre-show reveals cropping up. But this is one reveal that has no real impact on anywhere but China, but is interesting nonetheless. BMW’s partner in China is Brilliance, and they build a China-only LWB 5-Series.