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Fisker gets funding for Karma & NINA

The Fisker Karma - should move to market quickly with new funding But late yesterday the DOE in the US approved loans to Fisker of $528 million (around £323 million). That should help. The loan is aiming to secure production of a plug-in hybrid in the US, which probably means the lower cost car Fisker has been talking about for some time.

Volkswagen Phaeton will return to U.S. market

The Phaeton large sedan is coming back to Volkswagen's lineup in the United States, according to the head of the German plant that builds the car. VW pulled the $85,000 Phaeton from the U.S. market in 2006 after four years of falling short of sales expectations.

2013 Kia Pro_cee’d specs and prices: Costs from £17,495

Kia has revealed price and specification for the 2013 Procee’d, starting from £17,495 for the Pro_cee’d 1.6 GDI S rising to £20,795 for the SE. The new Procee’d comes in two trim options – S and SE – and with a choice of a 1.6 litre GDi petrol engine or 1.6 litre CRDi  diesel, all with a six-speed manual gearbox as standard although you can opt for a DCT ‘box on the Pro_cee’d 1.6 GDi SE. The 1.6 GDi offers 133bhp and 164lb/ft of torque, does 52.3mpg and takes 9.8 seconds to 62mph.