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Henrik Fisker wants to buy back Fisker

The resignation of Henrik Fisker in March from the eponymous company he worked so hard to build in to a credible ‘Green’ car company precipitated the meltdown of Fisker, which now stands on the edge of bankruptcy over $171 million owed to the US government. But Henrik Fisker has a plan. He’s teamed up with Hong Kong billionaire Richard Li – a Fisker investor – to try and buy the US government debt and save Fisker from being crushed by bankruptcy.

Drivers waste £1.9 billion on insurance

A TOTAL of £1.9 billion is being wasted by drivers in the UK who automatically renew their car insurance without shopping around for the best deal. A study has found 2.4 million drivers in the UK don’t bother to compare quotes to get the best deal when their car insurance comes up for renewal. The research by Moneysupermarket.com found 8.6 million drivers in Britain could be better off by up to £220 per year each if they moved to a new insurer.

BMW Concept Coupe

BMW unveiled their latest concept in the run up to the contemporary Mille Miglia, a road race for cars that competed during the original event held between 1933 and 1957. The BMW 328 that set the fastest time in 1940, averaging over 100mph, has also provided inspiration for the Coupe Concept, which mixes the older car's silhouette with surfaces closer to the Z4 on which it is based. Powered by BMW's seminal 343PS engine, the car is wrapped with carbon-fibre reinforced plastic (CFRP), whose form is defined by designers using plaster rather than clay "for a closer emotional experience".