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Fisker goes to China's Wanxiang
Mon, 17 Feb 2014China's Wanxiang Group won an auction for Fisker Automotive Holdings Inc., the maker of luxury plug-in hybrid cars, with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding, with an offer that includes $126.2 million in cash and $8 million in assumed liabilities, Fisker said Friday in a statement. U.S.
BMW M1 (2012) – more news
Thu, 01 Oct 2009Is this how the 2012 BMW M1 will look? Last week we speculated on the likelihood that BMW will produce a new ‘Supercar’ based on the Vision ED Concept we saw at Frankfurt. But it’s not just Cars UK speculating on the chances – the whole Interweb is playing the same game, and coming to very similar conclusions.
Jaguar & Land Rover eschew Detroit for Delhi
Thu, 03 Nov 2011The Jaguar C-X16 will be on show at the Delhi Motor Show in January. Although Jaguar Land Rover has revealed that it won’t be exhibiting at the 2012 Detroit Motor Show in January – instead it will be out in force at the Delhi Motor Show – it’s really not a huge deal. Motor Show exhibiting is an expensive business, and despite JLR’s strong sales, costs are a factor.