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Fisker to buy former GM Solstice/Sky plant in Delaware for $18 million

The old General Motors plant in Delaware that until July cranked out sports cars for Pontiac, Saturn and Opel will be sold and retooled to build plug-in hybrids with UAW workers. Fisker Automotive said Tuesday that it will buy the plant, located in Wilmington, Del., from Motors Liquidation Co.--the old General Motors Corp.--for $18 million. If Fisker's plans come to fruition, production at the plant could start in late 2012.

Koenigsegg One:1 loaded up for the Goodwood Festival of Speed

The Koenigsegg One:1 ready to load up for Goodwood We revealed last month that the Koenigsegg One:1 – Koenigsegg’s new MegaCar – would be heading for its UK debut at the Goodwood Festival of Speed. But Koenigsegg – and it’s UK dealer, Supervettura – aren’t just turning up with a single One:1 static display. Oh, no.

Tesla Model S first EV to earn high praise from Consumer Reports

Tesla Motors Inc.'s all-electric Model S sports car received the highest score in Consumer Reports' ratings -- a 99 out of 100 -- along with widespread plaudits from the magazine's automotive testing staff. The magazine said the $89,650 EV it tested "performed better, or just as well overall, as any other vehicle -- of any kind -- ever tested by Consumer Reports." The last vehicle to achieve a score of 99 in the magazine's testing was the Lexus LS 460L, which was tested in 2007. The Model S, which went on sale in 2012, also marks the first time any electric vehicle has earned a score that high, the magazine said Thursday.