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EV car maker Aptera shuts down

Automotive startup company Aptera Motors, promoter of the weirdly styled, three-wheeled 2e electric car, shut down on Friday, saying it was out of money. The company said it was unable to raise funds from private investors that would have kept it going until it received a $150 million loan from the Department of Energy's Advance Technology Vehicle Manufacturing program. "This is a difficult time for everyone connected with our company because we have never been closer to realizing our vision," CEO Paul Wilbur said in a statement.

Lamborghini Jota: The tease begins

The Lamborghini Jota Tease (click for bigger picture) How could we have a new car these days without having to suffer an interminable tease? Jaguar took the drawn-out tease to new heights last year with the new XJ tease and it seems that we can’t have a release any more without getting fed bizarre imagery and ‘spy’ video. But Lamborghini look set to make the tease even more ‘un-informing’ than before.

Wet n' Wild Woodward

Rain-soaked Woodward Avenue welcomed thousands of cruisers and car enthusiasts for the 16th annual Dream Cruise on a wet Saturday just north of Detroit. Though the weather didn't cooperate for much of the day with rain ranging from a mist to steady showers, it failed to dampen the spirits of car fans for all over. As usual, Mustangs, Corvettes and Challengers took center stage on the iconic strip, which plays host to the yearly summer celebration of chrome and fins.