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Fisker goes to China's Wanxiang

China's Wanxiang Group won an auction for Fisker Automotive Holdings Inc., the maker of luxury plug-in hybrid cars, with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding, with an offer that includes $126.2 million in cash and $8 million in assumed liabilities, Fisker said Friday in a statement. U.S.

22nd-annual Detroit car show

Forget the economy. The focus of the 22nd-annual EyesOn Design show over Father’s Day weekend will be what first attracts many to car lust: alluring design. The show is expected to have 236 cars and about 25 motorcycles, including vintage racers, 1950s and ’60s convertibles and of course, muscle cars.

Honda CR-Z to be built

By Steve Moody First Official Pictures 24 October 2007 11:51 Surely hybrids are worthy but dull? What’s going on with the slinky CR-Z? The CR-Z is only a concept at the moment, but it’s been given the green light to go into production by Honda president and CEO Takeo Fukui, and what you see here is a very close representation of the finished article.