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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.

Alonso vs. Massa, Italian mountain edition

Scuderia Ferrari started the year off right with a downhill slalom race between two snow-going Ferrari FFs. Formula One drivers Felipe Massa and Fernando Alonso were at the steering wheels. The occasion was the annual Wrooom ski and media event in the Italian Dolomite Mountains.

Porsche Panamera Diesel- it’s official

Porsche Panamera Diesel - a frugal Panamera offering The headline sounds as if there might have been doubts that we would get a Porsche Panamera Diesel before too long. But, despite the general perception that ‘Diesel Porsche’ should be an oxymoron, a Panamera diesel was always going to happen, as Porsche confirmed in November. It was always going to happen because – in the real world – it probably makes more sense than any of its petrol powered siblings for most potential buyers.