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Energy Department recovers $21 million from Fisker to pay back loans

The U.S. Department of Energy says it recovered $21 million in cash from struggling Fisker Automotive that will go toward repaying nearly $200 million in loans extended under a U.S. program to spur advanced vehicle development.

Jenson Button takes pole for McLaren at Spa

Jenson Button has driven his McLaren to a convincing pole position for tomorrow’s F1 Belgian Grand Prix at Spa-Francorchamps. Believe it or not, Jenson Button hasn’t had a pole position for McLaren. Or at least he hadn’t until today when he crushed the competition to take pole in tomorrow’s Spa Grand Prix.

Record British car exports

By Ben Oliver Motor Industry 29 January 2008 11:27 Britain exported more cars in 2007 than in any previous year, with total production up six percent to over 1.5 million. A record 1.18m cars, or 77 percent of production, were sent overseas. Britain’s record year for car production was 1972, when 1.9m cars were produced.