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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.

BMW recalls 32,000 vehicles for fire risk

BMW is recalling about 32,000 cars and crossovers because the circuit board for the electric auxiliary water pump can overheat. The recall covers the 5-series sedan and Gran Turismo, the 7-series, the X5 and the X6 from the 2008 to 2011 model years equipped with V8 or V12 engines. Two engine fires have resulted from 102 failures, according to BMW.

Aston Martin confirms Middle East-only Lagonda super-saloon

By John Mahoney Motor Industry 25 July 2014 16:54 Aston Martin has confirmed it will once again make a Lagonda super-saloon - but only for Middle Eastern markets. The details of Aston’s secret plans to resurrect its luxurious nameplate for a small production run of luxury saloons were revealed in the July 2014 issue of CAR following our spy photographer captured a wedgy four-door saloon testing on the roads around Aston Martin’s Gaydon HQ in Warwickshire. The mule we snapped, like the production car set to arrive in 2015, is based on Aston’s familiar VH architecture that underpins the four-door Aston Martin Rapide.