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Fisker, Energy Department face tough Congressional hearing on federal loans

Struggling Fisker Automotive took a bludgeoning Wednesday on Capitol Hill from top congressional Republicans who compared Fisker to failed automotive startups of the past and lambasted the Department of Energy for allowing the electric-car producer to draw down nearly $200 million in taxpayer-funded loans. House Oversight Chairman Darrell Issa, R-Calif., told Fisker founder Henrik Fisker that he will be remembered fondly for his design work for BMW and Aston Martin. But he compared Fisker to Malcolm Bricklin, John DeLorean and Preston Tucker -- three entrepreneurs known for their failed startup car companies.

Mini Crossover Concept: the first photos

By Tim Pollard First Official Pictures 09 September 2008 23:00 Here's the first look at the new Mini Crossover Concept – proof, at last, that BMW will indeed build a 4x4, SUV-lite version of the Mini. The Crossover concept car will be shown at the 2008 Paris motor show (where else?) and previews the production Mini SUV due in 2010. Mini Crossover Concept: the first official pictures Pore over these first official photographs carefully, because the new Mini Crossover Concept shows closely how the trendy brand's new SUV is shaping up and also reveals how the future face of the Mini brand is evolving.

General Motors partners with battery supplier LG on electric vehicles

General Motors said Thursday that it is partnering with its battery cell supplier, LG Group, to develop electric vehicles. The agreement, signed Wednesday by GM CEO Dan Akerson and LG President Juno Cho, will “help GM expand the number and types of electric vehicles it makes and sells,” the automaker said in a statement. It's the second example this week of automakers looking for partners to help in developing more fuel-efficient cars, as U.S.