Cummins 4952770 Oil Pan on 2040-parts.com

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.

Michelin Challenge Design 2012 'City 2046: Art, Life and Ingenuity' – The Finalists

The jury of the 2012 Michelin Challenge Design has selected and released images of its 27 finalists, chosen from a huge number of designs submitted by aspiring automotive designers. The competition's theme, ‘City 2046: Art, Life and Ingenuity', saw more than 1,700 registrants representing 88 countries which left the jury reviewing over 200 projects. Michelin set all participants a challenging brief, calling for designs for a "desirable, safe and sustainable personal vehicle" specifically for Los Angeles, Mumbai, Paris, Rio de Janeiro or Shanghai.

Ultimate Street Car Association opens registration for 2014 season

Back in November, the Ultimate Street Car Association was announced at SEMA as a national race series to oversee the Optima Ultimate Street Car Invitational and Qualifying. Registration is now open for the first event at Mazda Raceway Laguna Seca. Those of you who picked up any tuner mag from the last six years will remember the Optima Ultimate Street Car Invitational, which played host to some incredible cars -- and demonstrated an overwhelming bias toward Camaros, it turns out.