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Fisker, Energy Department face tough Congressional hearing on federal loans

Struggling Fisker Automotive took a bludgeoning Wednesday on Capitol Hill from top congressional Republicans who compared Fisker to failed automotive startups of the past and lambasted the Department of Energy for allowing the electric-car producer to draw down nearly $200 million in taxpayer-funded loans. House Oversight Chairman Darrell Issa, R-Calif., told Fisker founder Henrik Fisker that he will be remembered fondly for his design work for BMW and Aston Martin. But he compared Fisker to Malcolm Bricklin, John DeLorean and Preston Tucker -- three entrepreneurs known for their failed startup car companies.

1953 Chevrolet Corvette historical video footage

As the 2014 Chevrolet Corvette gets closer to the hands of future owners, the popular model is also turning 60 years old, on June 30 to be specific. With about 1.5 million Corvettes being produced since 1953, the American sports car is still going strong. Enjoy this video from our friends at Bader TV, featuring historic video footage of the original 1953 model, along with some Corvette history factoids from Chevrolet.

Infiniti JX

Shanghai and New York aren't even over yet, but that hasn't stopped Infiniti releasing this teaser sketch of the car it plans to show at the Pebble Beach Concours d'Elegance this coming August. The JX luxury crossover carries styling cues 'such as dynamic and elegant line treatments' over from other Infiniti production models, whilst also drawing from the Essence concept car, sporting the 'crescent cut' greenhouse treatment. Billed as the antidote to 'ho-hum' luxury crossovers, the seven seat JX is said to offer 'exceptional seating flexibility, easy access to the roomy third row, plus the latest in-vehicle technology - challenging the status quo in its class'.