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Fisker Automotive begins hiring blitz

Fisker Automotive will hire 120 workers in the coming months to staff the former General Motors factory in Wilmington, Del., that will build Fisker's next plug-in hybrid sedan, due in 2013. Code-named Project Nina, the future car will join the plug-in Karma sedan in Fisker's lineup as the company expands its portfolio of premium hybrid cars. The Karma is launching this year, and production of the future sedan--expected to be priced at about $39,000 after government incentives--would begin late next year.

New Honda CEO to focus on R&D

Takanobu Ito, newly named as the next president and CEO of Honda Motor Co., will redouble the company's focus on research as it grapples with a global market meltdown. Honda presidents traditionally cut their teeth at the automaker's cherished development subsidiary, Honda R&D Co. Ltd.

Lexus HS250h unveiled at Detroit auto show 2009

By Tim Pollard Motor Shows 12 January 2009 13:47 Lexus showed off its latest hybrid car at this week’s Detroit auto show 2009: the new HS250h. The new combination of letters and numbers confirm this is a new additional petrol-electric hybrid to sit alongside the existing models such as the GS450h, RX450h and LS600h. It’s shorter than, but as wide as, the Lexus IS and is in the compact executive mould.