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Fisker expects to partner with automakers
Sat, 08 Dec 2012Fisker Automotive's CEO, warning of the pitfalls facing independent small automakers, says the luxury plug-in hybrid manufacturer is poised to partner with other automakers next year. Tony Posawatz, Fisker's CEO and former chief engineer of the Chevrolet Volt, told Automotive News that Fisker is in talks for three potential deals in which executives at the "highest levels" of the companies involved are "talking specifics." "We are absolutely committed to making this company win longer term, and the history of smaller companies living on their own in the automotive business is not stellar," Posawatz said in an interview. "We are not going to go it alone." Posawatz said alliance deals could be completed within the next year.
VW to cover maintenance costs for sludge-damaged engines
Tue, 28 Sep 2010Volkswagen AG has agreed to pay maintenance costs under a proposed settlement in a class-action lawsuit over sludge-damaged engines in 479,768 VW and Audi models. Judge Joseph Tauro of the U.S. District Court in Boston gave conditional approval of the settlement last week.
Porsche unveils Carrera 4 and 4S Coupe and Convertible (2008)
Thu, 26 Jun 2008By Ben Whitworth First Official Pictures 26 June 2008 11:54 Following on from the new 911 driven earlier this month, Porsche has expanded the line-up with the new all-wheel drive Carrera 4 and 4S, both in coupe and convertible form. And like the standard rear-drive Carrera, the 4 and 4S hides it’s new tech under its same-again styling – badging aside, only the 44mm wider rear haunches and that reflective band between the rear lights distinguish the two and four-wheel variants. Well, there’s an all-new four-wheel drive system, for starters.