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Fisker Automotive lays off some workers as government reworks loan

Work on the Fisker Nina family sedan has temporarily halted at the Fisker Automotive plant in Wilmington, Del., while the carmaker and the federal government hash out details of the company's $529 million Department of Energy loan. The interruption has resulted in the layoff of 26 people at its Delaware plant and a number of contract engineers at Fisker's Anaheim, Calif., headquarters. Fisker Automotive said some of the engineering-staff reductions in Anaheim were already planned to occur in between development of the Karma and the Nina.

Spyker hopes for a Saab purchase accord in 'days, not weeks'

Dutch niche carmaker Spyker Cars NV hopes to reach an agreement with General Motors Co. to purchase Saab in “days, not weeks,” Spyker's CEO said today. If that doesn't happen, CEO Victor Muller said, Spyker may have to give up.

Donato Coco Appointed Director of Design for Lotus Group

After his non-publicized departure from Ferrari earlier this year, in which Flavio Manzoni was appointed to take his place, Donato Coco has now resurfaced. Lotus has announced Coco's appointment to Director of Design for Group Lotus starting January 4, 2010. In this newly created role, Coco, an Italian national, will lead all Lotus Design activities for Lotus Cars and Lotus Engineering.