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Fisker lays off majority of staff

This story originally appeared on Automotive News Fisker Automotive, the plug-in hybrid sports-car maker that has been grappling with financial troubles, laid off about 160 of its more than 200 employees Friday morning. A Fisker source who was among the employees affected said the layoff took place at about 8 a.m. Pacific.

Vauxhall at the Paris motor show 2008

By Guy Bird Motor Shows 02 October 2008 16:31 The Vauxhall Insignia Sports Tourer bagged its world debut as an Opel-badged vehicle in Paris. Yet another well styled, curvaceous family estate in the vein of the Citroen C5, Ford Mondeo and Honda Accord, it begs the question: is the large boxy load-lugger now officially dead?   The curving roofline – with integrated rear spoiler to visually extend it even further – plus a much more shapely rear end consign the very square old Vectra estate to history. It also results in a decent-for-class 0.30 Cd drag coefficient.

Higher gas prices? Blame ethanol

MarketWatch reported today that the price of ethanol has seen a 30-percent price increase so far this year, taking the price of gasoline up with it, since a good majority of "gasoline" sold today is around 10 percent ethanol. The average price of a gallon of gas today is $2.30, according to FactSet data, but this has varied since the beginning of 2014. Despite the recent surge, ethanol prices have also proved to be rather volatile with reports of it dropping 8 percent this past Thursday after falling 10 percent just the day before.