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British EV prototype competes for $10m prize

A Silverstone-based company has emerged as the only British (and European) contender for the $10m Automotive X-Prize, a competition to find the most environmentally friendly car on the planet. Delta Motorsport’s E-4 Coupe concept has been accepted into the next stage of the X-Prize competition and the company now has to prepare a fully functioning prototype. Backed by an American insurance company, the X-Prize was set up to 'inspire a new generation of viable, super-efficient vehicles that help break our addiction to oil and stem the effects of climate change'.

Henrik Fisker launches new luxury sports car company

Henrik Fisker and Bernhard Koehler have announced the opening of a new luxury car company, Fisker Coachbuild, based in Southern California to appeal to the global market. The focus of the company will be on designing and manufacturing exclusive high-end sports cars, which will be limited to 150 units per design and sold under the Fisker brand name, with world-wide distribution. The first public unveiling of the new designs will be scheduled towards the end of 2005, with production to commence during the second quarter 2006.

Merc-powered Corvette ZR-1 featured at Mercury Marine Museum

Chevy's LT5 engine was one of the most celebrated in Corvette history. In 1988 it generated 375 hp under the hood of the then-new ZR-1 from 5.7-liters of displacement. It wouldn't have been possible without Mercury Marine.