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Fisker lays off majority of staff
Fri, 05 Apr 2013This story originally appeared on Automotive News Fisker Automotive, the plug-in hybrid sports-car maker that has been grappling with financial troubles, laid off about 160 of its more than 200 employees Friday morning. A Fisker source who was among the employees affected said the layoff took place at about 8 a.m. Pacific.
2011 Subaru Impreza WRX gets the wide-body look of the STI
Mon, 22 Mar 2010The 2011 Subaru Impreza WRX will look more like the WRX STI model by adopting the STI's wide-body look, including a wide track front and rear, and wider tires. The front and rear tracks of the 2011 WRX are 1.5 inches wider, compared with the 2010 model. Wheel diameter remains at 17 inches, but the wheels get an inch wider at 8 inches.
BMW, Daimler experiment with upscale rent-by-the-ride
Fri, 24 Dec 2010Two European luxury brands are tiptoeing into car sharing, a radical move for carmakers whose business for the past 100 years has been selling to individuals. German archrivals Daimler AG and BMW AG have launched sharing programs. The automakers say the move was prompted by changing attitudes about car ownership, especially among young buyers, and increased urban congestion.