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Fisker to face Congressional committee probe

Henrik Fisker's congressional testimony on Wednesday before the House Oversight and Government Reform Committee will paint the automaker he founded as a victim of "a confluence of events" and as a still-salvageable enterprise. Fisker, who resigned from Fisker Automotive on March 13, is among the automaker and government representatives scheduled to appear before Congress to answer questions regarding $193 million in Department of Energy loans made to the company. Fisker Automotive has appeared to be on the brink of filing for bankruptcy for the past few weeks.

VW take control at Italdesign Giugiaro through Lamborghini.

Maserati Merak - by Giugiaro Perhaps it makes sense politically for an Italian company to takeover another, but the outcome is the same – VW has taken a majority stake in Italdesign Giugiaro – 90.1% – through its Italian subsidiary Lamborghini Holdings S.p.A. Just as we expected. And there’s a lot of sense in this move by VW – even if they are going back on their stated intent to end the acquisitions – as there’s a strong history with Giugiaro.

NY Times reporter says he followed Tesla's advice

A New York Times reporter says he was following the advice of Tesla employees when he drove an electric Model S sedan beyond its indicated range in an effort to reach a recharging station. Responding to a blog post by Tesla Motors CEO Elon Musk highly critical of his original article, Times reporter John Broder on Thursday said he did not set out to sabotage the test drive -- refuting one of Musk's most-damning points. Broder also refutes Musk's claim that he drove the car around a parking lot in a deliberate attempt to fully discharge the battery -- Broder says he was looking for the recharge station in a poorly lighted rest stop at night.