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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.

New Ford Kuga production increased to meet strong demand

Ford has revealed that it having to increase production of the new Kuga by 10 per cent at its Valencia Plant to meet strong demand. We reported in February that Ford were chuffed with sales of the new Kuga - especially as almost all buyers were opting for ‘premium’ versions – with orders for almost 2,000 in the UK just weeks after the Kuga went in to production in Spain, and sales across Europe for the Kuga up 27 per cent year on year. So Ford is now doing the only thing they can to deal with the burgeoning sales of the Kuga and are upping production in Valencia by 10 per cent, and now expect to build 100,000 new Kugas this year for Europe alone.

Bentley Arnage replacement to take on Rolls Royce

Bentley's replacement for the Arnage in 2010 will go upmarket to compete with the Rolls Royce Phantom Bentley has revealed that after Arnage production finally ends in September it will be a full year before the replacement for the Arnage surfaces. Now the sceptics amongst us may put this down to the fact that Bentley are struggling to sell the cars they already make in the current climate, never mind producing an even more luxurious and expensive model. But Bentley say it’s so they can put a clear line under the current Arnage before its replacement arrives late in 2010.