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Fisker about to be bought by Volvo’s Chinese owner Geely?

It’s reported that China’s Geely – which bought Volvo from Ford – is about to take a majority stake in Fisker Automotive. But Fisker has run in to big problems when its battery supplier - A123 Systems – went bust leading to Fisker production grinding to a halt. That has now been resolved with China’s Wanxiang Group buying up A123 Systems and it looks like Fisker is heading East too with Geely set to grab a majority shareholding.

GM returns to the Super Bowl, new ads upcoming for the Camaro and Cadillac

If there's one thing Joel Ewanick has made clear since joining General Motors Co. three months ago, it's that he doesn't let grass grow under his feet. And the company's vice president of marketing isn't slowing down anytime soon: In a wide-ranging interview with Advertising Age, an affiliate of AutoWeek, Ewanick let drop that the automaker will return to the Super Bowl in 2011; that an ad campaign will break next month for the Chevy Camaro; and that there's a new tagline coming for Cadillac, "The new standard for the world." "We have so many projects in the works right now," he said.

Ferrari 550 Barchetta Zagato GTZ sells at Bonhams

The Ferrari 550 Barchetta Zagato GTZ - fetched £350k at Bonhams Regular readers may remember that we exclusively reported that Zagato were working on five Ferrari 550 Barchettas to create the Ferrari 550 GTZ just over a year ago. That report caused all sorts of grief as Zagato and their photographer threatened us with all manner of hellfire and brimstone for spoiling their secret. The resulting grief meant we had to take down their photos, but our story stood.