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Fisker Automotive lays off some workers as government reworks loan

Work on the Fisker Nina family sedan has temporarily halted at the Fisker Automotive plant in Wilmington, Del., while the carmaker and the federal government hash out details of the company's $529 million Department of Energy loan. The interruption has resulted in the layoff of 26 people at its Delaware plant and a number of contract engineers at Fisker's Anaheim, Calif., headquarters. Fisker Automotive said some of the engineering-staff reductions in Anaheim were already planned to occur in between development of the Karma and the Nina.

BMW to build Gran Coupe to challenge Mercedes-Benz, Porsche

BMW will build its Gran Coupe concept car, the company's development chief Klaus Draeger said. The production Gran Coupe will rival luxury coupe-styled four-door cars such as the Mercedes CLS, Audi's upcoming A7 and the Porsche Panamera. The concept was unveiled at the Beijing auto show in April.

2014 Lexus RC Coupe revealed

The new Lexus RC Coupe (pictured) debuts at the 2013 Tokyo Motor Show It was back in July that the new Lexus RC Coupe was confirmed for a debut at this year’s Tokyo Motor show and now, with Tokyo just a few weeks away, Lexus has revealed the RC Coupe. The RC Coupe gets an evolution of the Lexus design language – more akin to its recent concept models than production cars – with a heavily contoured shape and the big Lexus spindle grill and lights that look like they’ve taken their inspiration from the LF-LC Concept. There’s also a choice of 18″ and optional 19″ alloys, with the 18″ looking butch and the 19″ elegant.