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EV car maker Aptera shuts down

Automotive startup company Aptera Motors, promoter of the weirdly styled, three-wheeled 2e electric car, shut down on Friday, saying it was out of money. The company said it was unable to raise funds from private investors that would have kept it going until it received a $150 million loan from the Department of Energy's Advance Technology Vehicle Manufacturing program. "This is a difficult time for everyone connected with our company because we have never been closer to realizing our vision," CEO Paul Wilbur said in a statement.

News watch Feb 2010: today's auto industry news

Tuesday 2 February 2010• Spyker has outlined its plans for Saab, which include a new 'all Saab' 9-3 to be launched in 2012. Read the full story here (Saab)• EuroNCAP has named the VW Golf as 'Safest Car of 2009' after ranking all the 33 models it crashed last year (Volkswagen) • Toyota's massive recall to fix fault accelerator pedals could cost the company £1.25bn in lost output and sales (BBC)• Ford will unveil an Edge SUV at next week's Chicago auto show with a turbocharged four-cylinder Ecoboost engine, but the extensive visual mid-life facelift has been made economically possible thanks to Ford's worldwide consolidation of its model ranges (Detroit News) • Toyota has denied that it ignored warnings and acted slowly over reports of unintended acceleration in its vehicles (Detroit News) Monday 1 February 2010• Lotus's vehicle engineering director Roger Becker announced his retirement today. Becker, 64, joined Lotus in 1966, worked alongside Colin Chapman and helped develop every single model since (Group Lotus)• Tata Motors' total sales last month hit 65,478 vehicles – a rise of 77% over January 2009.

Maeda named new Mazda design boss, replacing van den Acker

Ikuo Maeda is the new head of design at Mazda Motor Corp. The man who is credited with styling the Mazda's flagship sports car takes over for Dutchman Laurens van den Acker, 43, who has decided to leave the company "to pursue other interests," the automaker said in a statement today. Van den Acker, who joined Mazda in 2006, will remain at the automaker until April 10 to ensure a smooth transition for Maeda, Mazda said.