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Fisker battles problems as the Karma finally lurches toward launch

All Henrik Fisker wants is to build his plug-in hybrid cars and deliver them to customers--some of whom have been waiting three years since plunking down $5,000 deposits. Instead, he has been fending off criticisms aimed at his green-car company as shipments of his $103,000 Karma plug-in hybrid sedan have been delayed by cash flow troubles, regulatory snarls and a recall. But when a startup such as Fisker Automotive accepts a Department of Energy loan in a down economy, having the company tossed around like a political football comes with the territory.

Ford unveils Mustang 50th anniversary logo

Ford is gearing up for a year-long celebration of the 50th anniversary of the Mustang in 2014, and revealed a logo Tuesday to be used on fan merchandise. The anniversary logo uses the traditional galloping pony in silhouette, placed above the words “50 years.” Ford designer Michael Thompson is credited with creating the anniversary logo. The logo will either be white on a black background or black on white, Ford says.

NO SIGN OF SLUMP IN VALUES ACCORDING TO LATEST REPORT

DEMAND continued to keep values relatively firm in the used commercial vehicle market in February, according to leading vehicle auction specialist, British Car Auctions (BCA). Despite volumes rising sharply average values fell by £76 (1.8%) in February while sold volumes increased by nearly 13% over the same period, following a near 50% increase between December and January. Average monthly values have broadly remained between £4,000 and £4,200 since summer 2010.