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Fisker lays off majority of staff

This story originally appeared on Automotive News Fisker Automotive, the plug-in hybrid sports-car maker that has been grappling with financial troubles, laid off about 160 of its more than 200 employees Friday morning. A Fisker source who was among the employees affected said the layoff took place at about 8 a.m. Pacific.

Millions lie to cut car insurance costs

New research suggests that up to 2.4 million British motorists may be at risk of invalidating their car insurance because they’re not being accurate about the information they provide. Mystery shopping and market research specialist Consumer Intelligence carried out the study, which reveals that one in 12 of us essentially admits to lying to our car insurance companies in an effort to try and save money. Common car insurance myths busted The £1.2m insurance quote: driver quoted £104K a month for old Vauxhall Corsa Although one in five said they made a mistake or did not know the reason, 60% of those queried about their misleading actions said they did so in a blatant attempt to get a lower premium.

Chevrolet Prisma

While Europe moves onto the fourth generation Opel Corsa, GM do Brasil has used the second series of the B-segment car as basis for the new Chevrolet Prisma. Unveiled at the recent Sao Paulo Auto Show, the small four-door sedan uses the 12-year old platform to compete with the Dacia Logan, which will go on sale in Brazil next year along with a host of rivals from China. The styling is largely derivative, the rear in particular owing to Ford and Honda products.