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Fisker has potential buyers in line

VL Automotive and Chinese Investment Group Wanxiang are looking to buy troubled automotive manufacturer Fisker. Maker of the curvaceous Karma, Fisker has been cash-strapped for some time now due to what company insiders called an overly optimistic business plan that anticipated rapid sales growth. Tesla's success in the luxury/upscale electric vehicle industry hasn't helped Fisker's cause either.

2013 Facelift for almost entire Volvo range

Volvo has given the S60, V60, XC60, V70, XC70 and S80 a facelift for 2013 which will debut at the 2013 Geneva Motor show. Only the V40 and XC90 remain unchanged. All the facelifted models get a wider-looking front end, smaller lights and more prominent lines, new bumpers and  tweaks to the cabin.

Think, again: Norwegian electric-car maker looks for U.S. plant

Think, the Norwegian electric-car maker, says it plans to build an assembly plant and a technical center in the United States. After financing failed in the wake of the collapse of credit markets in late 2008, the company entered Norway's debt-settlement process (the equivalent of Chapter 11 bankruptcy), and production of its recently redesigned Think city car was halted. It continues operating under a $6 million interim funding measure while it pursues additional financing.