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Fisker Atlantic prototype [w/gallery] [UPDATED]

The Fisker Atlantic prototype, developed under the codename Project Nina, has been officially unveiled at a special VIP event on the eve of the New York motor show. This luxury extended-range four-door sedan, described by Fisker as a design prototype, is aimed at young families, and uses the same hybrid plug-in as the Fisker Karma. A standout feature of the Atlantic is the rigid ‘spider' structure, which allows for a generous amount of rear headroom for a fastback car as well as maximizing the light entering the cabin while offering increased visibility to the car's surroundings.

Spyker signs deal with China's Hawtai Motor to raise funds for Saab

Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.

Volkwagen XL1 makes US debut

The Volkswagen XL1 hyper fuel-efficient vehicle debuted in Chattanooga, Tenn. on Thursday at the 23rd Annual Society of Environmental Journalists Conference. At first we wondered why we weren’t invited, and then we realized it was because of our proclivities for V8s and turning rubber into smoke.