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Henrik Fisker wants to buy back Fisker
Mon, 27 May 2013The resignation of Henrik Fisker in March from the eponymous company he worked so hard to build in to a credible ‘Green’ car company precipitated the meltdown of Fisker, which now stands on the edge of bankruptcy over $171 million owed to the US government. But Henrik Fisker has a plan. He’s teamed up with Hong Kong billionaire Richard Li – a Fisker investor – to try and buy the US government debt and save Fisker from being crushed by bankruptcy.
BMW X5 facelift (2010) first pictures
Sat, 06 Feb 2010BMW is sprucing up its X5 SUV with range of cosmetic updates and engineering tweaks. Read on for our handy guide to how to spot the new 2010 X5 and what is new under the metal.How will I tell the new 2010 X5 apart from the old one?The headlamps on the X5 are new, the foglights move, air vents swell like a panting athlete's nostrils and the front bumpers have more body colour and fins in matt aluminium trim.Out back, new rear lights have BMW's now-trademark LED lighting bars emphasising horizontal lines of the X5. A range of SUV-atypical 19in and 20in wheels provide a planted stance for Chelsea, if not China.What's new under the bonnet of the facelifted X5?Eight-speed ZF automatic boxes are now standard across the board; their spread across the BMW range is endemic, in the quest for lower CO2 and higher mpg.
Detroit auto show: Ford pumps up the 2011 Mustang GT with 412 hp
Sun, 27 Dec 2009To Ford Mustang fans, 5.0 has a special place in their hearts and Ford has delivered a new car for them to love: the 2011 Mustang GT. The 5.0-liter V8 Mustang GT will deliver 412 hp and 390 lb-ft of torque. The engine produces 83 hp per liter yet will return 25 mpg on the highway and 17 mpg in the city, according to Ford marketing boss Jim Farley.