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RM Auctions buys Auburn complex from Kruse

RM Auctions has bought the Kruse International Auction Park in Auburn, Ind., from financially troubled auctioneer Dean Kruse and plans to hold the site's annual Labor Day weekend car auction Sept. 2-6. Rob Myers, RM Auction CEO, said his company will spend the next several weeks making upgrades to the auction facility and lining up consignments.

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.

Infiniti Emerg-E was a Lotus Evora 414E under the skin

Infiniti Emerg-E - it's a Lotus Evora under the skin The Infiniti Emerg-E from the Geneva Motor Show was actually a Lotus Evora 414E under the skin making production more likely. One of the stars of the Geneva Motor Show in March was the stunningly good looking Infiniti Emerg-E, a range-extender sports car from Nissan’s posh arm offering 402bhp from a pair of electric motors and a range-extending 1.2 litre 3-cylinder engine. We knew at Geneva that the 3-cylinder range-extender engine came from Lotus – no surprise as they’ve also supplied the same engine to Jaguar for testing in the XJ Limo Green Hybrid – but what we didn’t know (although we should have worked it out) was that under the skin the Infiniti Emerg-E was actually a Lotus Evora.