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Henrik Fisker resigns from Fisker Automotive
Wed, 13 Mar 2013Henrik Fisker, founder and executive chairman of struggling plug-in hybrid vehicle maker Fisker Automotive, has resigned. In an email today to Automotive News, Henrik Fisker, referring to himself in the third person, said: "The main reasons for his resignation are several major disagreements that Henrik Fisker has with the Fisker Automotive executive management on the business strategy." Fisker confirmed his resignation in a phone interview and declined to comment further. Tony Posawatz, who became president and CEO of the company in August, said this morning that he had just been made aware of the resignation.
One Lap of the Web: Saucy spouses and salty roads
Wed, 05 Feb 2014-- Not every race car driver was James Hunt. Legendary drag racer Don Garlits couldn't have been legendary without his wife Patricia, who recently passed at the age of 71; in a few more weeks, they would have celebrated their 61st wedding anniversary. She supported Don when he didn't think his racing would amount to anything, and she was instrumental in persuading Don to switch to rear-engined dragsters -- Don's eventual acceptance ended up changing the face of drag racing forever.
Subaru WRX STI: More power & free SatNav
Tue, 05 Apr 20112011 Subaru WRX STI - gets free extra oomph The new registration has come and gone and unless you’re offering a must-have convertible or something shiny and new it’s getting close to the time when car makers need to offer more for no more to shift metal. Cue the Subaru WRX STI. Subaru has decided that it’s going to offer a chunk more performance – and a SatNav – without charging a penny more on the WRX STI.