Dorman M39445 New Brake Master Cylinder on 2040-parts.com

Henrik Fisker leaves his eponymous company

Henrik Fisker, co-founder of Fisker Automotive, has resigned from the company as Fisker seeks funding to move forward. But Henrik Fisker managed to convince the car world his Fisker Karma was credible, even if its gestation has been plagued by problems,  the latest of which has been the demise of its battery supplier – A123 Systems – and the wrecking of a dock full of seemingly uninsured Karmas by Hurricane Sandy. The current problems at Fisker has seen them seeking a new investor, with two Chinese companies – Geely and Dohnfeng – vying to take a majority stake in Fisker Automotive and help Fisker recover sales of the Karma and move on with Project Nina, the smaller Fisker Atlantic.

Saab Museum reopens & Saab back in production – sort of

Saabs are being built and the Saab Museum re-opens. The Saab Museum has reopened after Saab’s bankruptcy problems and a Trollhatten dealer is to ‘build’ the last 100 Saabs. We’re still waiting for a decision from Saab’s administrators about which – if any – of the bids they’ve received for what’s left of Saab are solid enough to pursue.

EV battery maker A123 files for bankruptcy

Lithium-ion battery maker A123 Systems Inc. filed for Chapter 11 bankruptcy protection on Tuesday in U.S. Bankruptcy Court in Delaware.