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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.

2015 Mercedes C 63 AMG (& AMG S) Saloon & Estate revealed

The 2015 Mercedes-AMG C 63 blows in with up to 503bhp It’s nine months since the new Mercedes C-Class was revealed, and it’s a cracker. But if the regular C-Class leaves you feeling a bit underpowered you now have the option of the BMW M3-bashing 2015 Mercedes C 63 AMG for some real get up and go. Actually – with Mercedes moving AMG more front and centre – you now have the option of the Mercedes-AMG C 63, with the name change mirroring the nomenclature for the new Mercedes-AMG GT.

Jaguar designer creates personal car

JAGUAR'S Director of Design Ian Callum has created a one-off car as his perfect idea of a Jaguar saloon car. The redesigned Mk2 is a classic saloon from the 1960s and has been restyled by Callum as part of an 18-month project to build his perfect car. Built by British restoration firm Classic Motor Cars, the Callum Mk2 retains the flowing lines of the original but they have been smoothed off.