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Fisker to face Congressional committee probe

Henrik Fisker's congressional testimony on Wednesday before the House Oversight and Government Reform Committee will paint the automaker he founded as a victim of "a confluence of events" and as a still-salvageable enterprise. Fisker, who resigned from Fisker Automotive on March 13, is among the automaker and government representatives scheduled to appear before Congress to answer questions regarding $193 million in Department of Energy loans made to the company. Fisker Automotive has appeared to be on the brink of filing for bankruptcy for the past few weeks.

Ferrari Mille Chili conceept (2007): first official pictures

By Ben Oliver First Official Pictures 21 June 2007 05:51 The Mille Chili? So this is Ferrari’s green supercar… Yes. Officially it has no name, but internally it’s called the Mille Chili (thousand kilos) and it’s arguably the most important concept car Ferrari has ever shown.

Next Hyundai Sonata introduced in Korea

Hyundai revealed its redesigned 2015 Sonata sedan in South Korea on Monday. Until now all we've seen are teaser shots of the company's second-best selling vehicle, which falls behind the smaller Elantra in sales by about 5,000 units per year. It will make its North American debut at the New York auto show in April.