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Energy Department recovers $21 million from Fisker to pay back loans

The U.S. Department of Energy says it recovered $21 million in cash from struggling Fisker Automotive that will go toward repaying nearly $200 million in loans extended under a U.S. program to spur advanced vehicle development.

Top Gear’s Jeremy Clarkson & Richard Hammond BANNED from driving

Top Gear’s Jeremy Clarkson & Richard Hammond (pictured) BANNED from driving in France It’s an astonishing claim from a man with a lead right foot, but Jeremy Clarkson claims to have never been nicked for speeding. But that claim is something Jeremy will have to qualify by location in future after the French ‘Rozzers’ nicked both Clarkson and Richard Hammond on a Top Gear drive in France last month. How we all managed to miss this little snippet of news when Jeremy revealed it in his column in The Sun last month, we don’t know.

Ferrari F450: Last one to be auctioned Sunday to benefit earthquake victims

In an auction featuring some of the rarest, fastest and most head-turning Ferraris ever, a brand-new F430 may be the show-stealer. The Prancing Horse said Wednesday that it is auctioning off the very last F430 to roll off the Maranello production lines at the end of the year to raise money to rebuild the central Italian region of Abruzzo, which was devastated by an earthquake on April 6. Ferrari will work with local authorities to distribute the funds.