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Aptera Motors reaches end of the road

Start-up EV manufacturer Aptera Motors has announced it is going out of business. The brainchild of former Chrysler brand manager and CEO of ASC Inc, Paul Wilbur, the company had gained approval for a $150 million loan from the U.S. Department of Energy's advanced vehicle fund, but was unable to find further backing.

Jaguar XF Diesel S Bares its Claws

Jaguar XF Diesel S - more power, less fuel We all know how many problems the world’s car makers are having at the moment, and unless central banks ensure normal lending resumes very quickly we’ll all be in a big hole without a shovel. But when you look at what some of the best car manufacturers now have to offer we should be queueing at their door, and finance companies should be bending over backwards to lend. We’ve seen some great new models, and updates to existing models, come along in the last couple of months since the credit crunch has really started to bite.

Future products: Coupe in Subaru's pipeline will be an image booster

Subaru plans to extend its lineup in late 2011 or early 2012 by adding a sporty coupe developed with Toyota. Also, an Impreza hybrid that uses technology from Toyota is expected in 2012. Toyota now owns about 17 percent of Subaru.