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McLaren tease new F1 / P12 in video

The new McLaren F1 (P12) is being teased again, this time in a new video McLaren are calling ‘McLaren vs Aerodynamics. The new McLaren F1 (codenamed P12, but likely to be called almost anything) has been coming for a while. But now it’s almost here.

Fisker, Energy Department face tough Congressional hearing on federal loans

Struggling Fisker Automotive took a bludgeoning Wednesday on Capitol Hill from top congressional Republicans who compared Fisker to failed automotive startups of the past and lambasted the Department of Energy for allowing the electric-car producer to draw down nearly $200 million in taxpayer-funded loans. House Oversight Chairman Darrell Issa, R-Calif., told Fisker founder Henrik Fisker that he will be remembered fondly for his design work for BMW and Aston Martin. But he compared Fisker to Malcolm Bricklin, John DeLorean and Preston Tucker -- three entrepreneurs known for their failed startup car companies.

Aston Martin Cygnet preview

Aston Martin has developed a new 'innovative commuter concept car' called the Cygnet. If you're thinking it looks like the design team's placed a downsized Aston Martin grille onto a Toyota iQ, you wouldn't be far off. The luxury commuter concept, which Aston Martin claims will 'offer customers a distinctive, intelligent and exclusive solution for urban travel in style and luxury' is actually based on the diminutive urban runabout and was created in collaboration with the Japanese automaker.